Recession? What Recession???

Posted by dennis endres

I know a lot of people are talking about a Recession. I was just at an Economic Forecast for 2008, put on by Frontier Bank.

The facts are, for our area of the Pacific Northwest, we are doing just fine.

People have been and are still flocking to Washington. We have the aerospace booming. Manufacturing employment is rising. Software publishing is high. The population here is growing faster than the National average. Payroll employment in the State of Washington is at an all time high.

I know what you are thinking…. Dennis, we still cannot sell our home in Puyallup for what we need to buy a new one.  That may be true.  I have been telling you all along….Real Estate is my business. Keep your home as a rental  and buy another one. Keep both for a couple years and sell one home then!!

Below I have some pictures of Commercial buildings going up everywhere….So, how bad can the economy be?? Does somebody know something we don’t??

Maybe…..Take a look at these buildings going up!

New building going up by Pierce College in Puyallup.

Commercial Building wants  tenants.

Downtown Puyallup has new construction going in.

Ikea’s new building going up.

This entry was posted on Friday, February 15th, 2008 at 12:34 pm and is filed under Downtown, Endres, Local Puyallup Merchants, Puyallup, Puyallup Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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