Who will be best at working out the "Housing Crisis" that the politician and the media think we are in?

Clinton and Obama thinks there should be a multibillion dollar bailout for big banks and speculators, John McCain seems to believes a balanced and transparency approach.  Which one is better?

I'm not really sure which is better and I'm sure none of these politicians will ask those of us who do this every day and it is our livelihood and our future.

What I do know is that when I was a senior in high school taking that government and economics class my wonderful teacher would reinterate over and over  "When The Housing Market Falls, so does the Rest of the Economy."  He was just a HIGH SCHOOL TEACHER,  but seems to me he had it right. 

Which one of the candidates has it right for our industry?

 

 

I saw an article on MSN this week end and it was an arcticle about Generation Y and how they are the most educated generation and yet they are also the generation that is broke. The arcticle stated that 85% of Gen Y has a high school education and 27% has a college degree, yet they are also called the boomerang generation because alot of them are having to move back home with mom and dad.

This generation relies on technology and plastic.  They think they can just swipe a card and they are done. They can not connect that you swipe the card and the checking account will be debited.  They think  "The next big technology is around the corner that will save them."   Alot of them have no economic education.

As realtors do we need to help educate this generation on finances?  Is this our responsibility? Maybe it should be to help this generation to become the financial stability in our housing market.

http://articles.moneycentral.msn.com/Investing/HomeMortgageSavings/WhyGenerationYIsBroke.aspx

 

 

 

 

 

 

This generation is a generation that was the generation of love and peace and are now the conservatives of our of the 21st century.   There are alot of them out there and they are as I believe an untapped resource for our industry.

This generation has a plan and they are intelligent enough to have their priorities in place rather  it's to retire and move close to those grandkids or buy that RV and see the country. They know where their going, and have the resources to get there.    They can be high tech and old school at the same time, yet they are great to work with and very fun. 

So Baby Boomers Still Rock!!

Peace Out

Terry Mcavoy

 


 

 

Here in the Amarillo Area it would be hard to be fashionable in our windy City.  We do have our moments and we are becoming more concious with the green grocery bags, building new parks with conservation in mind

The  Greenways Development  has been cool before green was cool. The streets, houses, and landscaping are all environmentally green.

So yes It is and has been fashionable to go green

 
 
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Terry McAvoy

Amarillo, TX

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Keller Williams Realty

Office Phone: 1

Cell Phone: (806) 433-6213

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