Frankie’s Fredericton

We are all aware of the economic situation in the U.S and we all know how inter-connected Canada is with that economy.
With the stock markets crashing all over the world and all of the news stories painting a very bleak picture for the financial sectors, consumer confidence has hit an all time low.
People are spending less, on all commodities. When fear takes over, people tend to hunker down and adopt a wait and see attitude.
The real estate market is no exception. There are more homes for sale than there are buyers, and people are bringing their prices down, and offering incentives, to get people to buy.
This is good news for buyers. Continue reading »