Guarded Optimism and Slow Growth

This past Wednesday Don attended the Southwest Business Forum at Fort Lewis College. This annual forum consists of experts in business and economics presenting their views on the current state of local, state, national, and international economies and their predictions for the future.

The overall feeling was one of guarded optimism with an anticipation of slow growth. This is in line with our earlier contact about the slow restoration of consumer confidence and it's relation to our local (and national) real estate market.

The information below, taken from the CREN MLS, shows an increase in overall residential sales in 2011.

Out of the woods? Perhaps not. But things are looking a bit brighter.