Economy headed UP or DOWN? 3rd Quarter GDP comes in at 3.9%

WOW! So much for a recession. The economy is on fire. ADP reported an expectation of 106,000 new jobs for last month and preliminary 3rd Quarter GDP comes in raging at 3.9%. Both are great numbers. How can this be with this housing "crisis?" Real Estate investment is down in the 3rd quarter by 20%, but the consumer was strong and exports are soaring! The weak dollar is putting oil at records highs, but also helping make American products cheap across the world. Exports are up 16% for the 3rd quarter. Incredible! By becoming a more Global Economy we are less exposed to local issues, because the rest of the world keeps growing. It will be very interesting to see what the FED does today. I don't see how they can lower rates, but I am not an economist. With the economy sizzling and job growth, it's time to pull out of this real estate correction. I don't think that can happen until Spring. But we are seeing great buys out there for the real estate investor. BUY LOW, SELL HIGH! Isn't that what makes people rich. Now is the time to buy real estate low. That is if you get it at the right price. There are many sellers still priced for yesterdays value. Their value is not falling, it has fallen and they are over priced.