One of the agents in our real estate office is working with the MSNBC folks to do a spot on the real estate activity/short sales/foreclosures in the area.
I grew up in Elkhart County, so I have been hearing about how we need to "diversify" all my life. The problem with the downturn in RVs now versus the downturn in the 70's is we had allot more depending on the factory wages than we did in the 70s and even 80s. There were allot of family farms still intact here then and many of the Amish/Mennonites who used to farm ended up leaving them for the higher money in the factorys. So the impact now is much greater than it was then.
On a bright note, the first time homebuyers credit is getting buyers moving in the real estate market. Its mainly in the under $150 prices that are moving...but its still forward motion, and I am encouraged by that.
Shadow, I am hurt, you came to my neck of the woods and didnt even holler HI??
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The Elkhart Project: MSNBC
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