2008 In Reflection - 01/24/09 03:21 PM
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It was one of those years that we will never forget in Real Estate.  Instability and unpredictable are some of the best words to describe the market with major price fluctuations in all areas of investment.
Fear in the marketplace was the largest driving force that caused panic with the doom and gloom that was portrayed constantly through the media.  Negative media is like gasoline to a fire, just like the positive media that drove prices up in 2006/2007.  It's amusing how short memories are as markets were similar in the early 80's and the mid 90's.  If we … (0 comments)

2008 In Reflection - 01/24/09 01:54 PM
It was one of those years that we will never forget in Real Estate.  Instability and unpredictable are some of the best words to describe the market with major price fluctuations in all areas of investment.
Fear in the marketplace was the largest driving force that caused panic with the doom and gloom that was portrayed constantly through the media.  Negative media is like gasoline to a fire, just like the positive media that drove prices up in 2006/2007.  It's amusing how short memories are as markets were similar in the early 80's and the mid 90's.  If we stroll back … (0 comments)