October-9-2008
Filed Under (City Info) by admin

Ok, so this isn’t really a post about real estate but I saw $2.99 / gallon gas today in St Paul – Highland Park and it got me thinking that things aren’t all that bad.  Just a few months ago we hovered at $4.00 / gallon but we still hear on the news how bad and horrible gas prices are and how this also affects the price of everything else in the economy.  Well, it does.  Gas prices certainly do affect the rest of the economy but $2.99 is where we were long before the economic crisis started to really put a pinch on people’s wallets and long before the recent Wall Street bail out.

Look at the positive and talk about the positive - $2.99 / gallon gasoline is a good sign and will be better for the people of the Twin Cities.  We will have more money in our pockets at the end of the day and typically, lower gas prices translate back into lower cost of goods like food and other daily essentials because the cost to ship these goods goes down.

Lower costs of goods will equate to more confidence in the market and more confidence in the market will lead to better business overall. 

Stay POSITIVE – this WILL get better even if we have to look at it one little step (like $2.99 gas) at a time!

Jen McKinnon
Realtor/Investor

612.384.1073
jen[at]mnrealestateteam[dot]com
AGENT REFERRAL NETWORK
MN Real Estate Team – #1 Team in MN!



Comments
MN MLS on October 16th, 2008 at 7:38 pm #

Lower gas prices is great news indeed! Hopefully it will help some real estate buyers get off the fence and into that home that they have been eyeing for awhile now!

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