THE FINANCIAL CORNER
By Michael Sands and Jet Manfredi, Sales Associates
THE NUMBERS FOR 2003 ARE IN AND THE SIGNS
POINT TO A GOOD YEAR TO COME.
- Consumer sentiment soared to a reading of 103.2 in early
January from 92.6 in December. That’s the largest one-month
increase since November 1992. Consumers are in a much better
mood about the nation’s economy in the New Year and
are eager to participate in the thriving real estate markets.
- Home building and sales benefited in 2003 from all time
low interest rates and an improving economy.
- Taxpayers may expect bigger refunds this year. TaxBrain,
an online tax service, expects 10 million married couples’ household
with incomes from $47,0000 to $65,0000 to be among the biggest
winners. A tax law was enacted in May 2003 that removed the “marriage
penalty”, which can result in some married couples
paying more tax than they would as two singles.
2004 promises to be a good year for your real estate investments.
The Bay Area is in the midst of a very exciting market with
a significant amount of transaction activity.
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Spring 2004 Table of Contents |
If you are considering buying or selling a home or investment
property, contact Michael for assistance, analysis and
their aggressive, successful marketing strategies. Michael
Sands may be reached at 510.622.8300 x3704 or
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