My Take on Real Estate: Support Your Local Small Businesses & Communities!

Today, more than ever, it is important to think local. Local small businesses need your support in these tough economic times. In every community you can find many of the things you want and need available to you from local resources. You may not realize it, but funds are very tough to get for your local entrepreneurs, even when they have great ideas. But we need them to succeed and create more jobs. Here's why.

With our economy barely crawling along, and the addition of more than 10 million people in the workforce age range, the unemployment rate of 9 percent to too high. Without economic growth, large budget deficit and debt problems will continue to worsen. And, think....where does the government get the money to pay the bills....largely from people working and paying taxes.

Where do most small business owners get the money to make their ideas into a profitable company that can employ more people? Well, they can't issue bonds like the large corporations, and banks have become extra tough on borrowers without an established name, so to secure credit lines they tap into the equity of their homes. With the housing market crash, however, this equity has greatly shrunk....so to kick-start the economy small business owners need to find funds to turn their ideas into business growth. That means home price recovery is more critical than ever.

So, get involved this fall and get out to vote! Check into what your local legislators are voting for on the housing front. We need to protect the mortgage interest deduction (MID) and other benefits critical to helping home prices recover. You make the difference by voting, supporting local businesses, and continuing to improve your communities by staying involved.

So, enjoy Labor Day, and remember what America should stand for........Opportunity for All.

Don't ever hesitate to call me with any real estate questions...

I'm always available to help.