Never Try To Catch A Falling Piano!
Indeed, lets all get back in the saddle and force things to get better. There is no way waiting is going to help and certainly the government is not going to help. It is up to each of us to make things better in our own communities!
When I was a pattern day-trader, I had a saying that is relevant to real estate as well. I always said, "You never try to catch a falling piano." Why? I think it's obvious that your chances of survival are very low. My wife has a baby grand
piano sitting in our living room, and I can tell you from experience, it's really heavy.
The same is true in real estate. A lot of would-be buyers are sitting on the sidelines waiting for the bottom. That's where my old piano saying came from. So many traders were sitting around waiting for a stock that had taken a hit, for whatever reason, to hit bottom. Normally, by the time it hit bottom it took a big bounce back up and they missed it. I saw it over and over.
Housing prices are currently hovering around 2000 real estate prices. Interest rates are also at a five decade low. How much lower can these two
go? Not much. I've seen real estate in my community drop 50% in some areas, and even further in others. Most local areas have fallen 20-30%. There is a good chance they are near, or at bottom.
So, before a piano drops on you, get involved and buy that dream home that you've been driving past all year. It may be at the bottom, or it might drop another .05%, but I can almost guarantee if you're watching it, so is someone else.
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Give me a call for all your real estate needs, and let's make something amazing happen.
Mike Cooper @ Cornerstone Business Group, Inc., 888-722-6029
Real Estate Sales and Property Management
(Disclaimer: All grammatical mistakes, punctuation breakdowns and misspellings are purely for your amusement and entertainment. Feel free to cackle.)
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