Why a Recession Could Be a Good Time to Buy Timeshare or Sell Timeshare
Wednesday, January 2, 2008
Will 2008 be the year of a recession in the United States?
Even leading economists cannot say with certainty whether America, already dealing with a soft economy, will hit the skids with a full-fledged recession, but many forecasters agree that certain signs are right. The real estate market is tough and probably getting tougher, although it is important to note that some geographic areas are experiencing a slight rebound or at least a cessation in decline. Retail, however, didn’t exactly have its best holiday season ever, and the price of gas, food, and other necessities of life seems to mount with each passing week.
On the other hand, the St. Louis Business Journal quotes Matt Ferguson, CEO of CareerBuilder.com, who says, “The job market of 2007 showed resilience amidst economic uncertainties and produced north of 1.3 million new jobs, according to the Bureau of Labor Statistics.” The figures clearly show that while job opportunities may not be increasing as much as we would all like to see, they are still moving forward. And the stock market adds still another layer of confusion to this already blurry picture. One day up, the next day down; investors clearly can’t decide if times are going to improve or falter.
So what does this mean for the individual timeshare owner who wants to sell timeshare he or she no longer uses?
I am not an economist. I am not trained in forecasting the economy. But I do know that purchases of new timeshares and of timeshare resales continue to increase. Despite widespread concerns about the US economy, people who can, will still take a vacation, even if they cut it short by a few days or vacation closer to home.
More importantly, many people who are looking to cut their vacation costs will suddenly begin to pay more attention to the message that Sell My Timeshare NOW continues to publicize, “There are amazing opportunities in timeshare resales and timeshare rentals!”
2008 could easily be an excellent year for timeshare resales as smarter spending patterns in the US replace indulgent spending patterns. Just as significant for timeshare resales is the simple fact that the market to buy timeshare or rent timeshare is vast and global. As the US dollar declines, international interest in buying US timeshare and timeshare resales escalates. Consumers with Canadian loonies to spend or British Euros are already making their mark on timeshare resales, eager to buy while their currency affords them more spending power than they have enjoyed in the US vacation market in years.
Sell My Timeshare NOW has clients from almost every country in the world. China and India are two countries with astounding populations of emerging new timeshare buyers who are just beginning to learn about the opportunities to buy timeshare and enjoy vacations and holidays at affordable prices.
So if you want or need to sell timeshare, I encourage you to move forward optimistically. In 2007, SellMyTimeshareNOW.com presented its customers over $270,000,000 in offers to buy timeshare or rent timeshare and 2008 should easily be another record setting year.