According to the Atlanta Business Chronicle, Haverty’s sales
are up this year, which is good news for many of us. The sale of new furniture
is directly related to the housing market and simply put, when the housing
market is good, furniture sales are good. When the housing market is bad, folks
just aren’t buying new furniture. I saw that coming back in 2008 when Finders
Keepers Furnishings began to slow down, in sales and in consignments. I knew
something was amiss before “Great Recession” was a household phrase. When
houses aren’t selling, home-owners aren’t sprucing up what they have nor are
they purchasing home goods. As a resale shop, we weren’t devastated as some big
furniture stores were. Many economized by sprucing up with gently used items.
The housing market is picking up and low and behold,
Haverty’s Furniture Stores are seeing an increase in sales over last year. And
so are we! Furniture is arriving by the truckload from those who have been
waiting to sell or renovate and selling quickly to those who have moved or
renovated and need/want something new. This trend is improving with each
quarter as real estate finally picks up. Things are starting to ease up
economically speaking and that means there will be more jobs on the horizon. So
let’s all exhale and celebrate upcoming better days.
It’s official now….the Great Recession must be over!
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