Two trillion dollars of that is held by retirees, the elderly who have paid off their homes. It has proved to be a wise investment and a successful endeavor by those that stuck it out. You see buying a home and paying it off works like a tonic to all that participate in it. It is when you are tempted to do other wise is where it gets dicey

BEWARE THE SERPENT

Already there are serpents about trying to come up with ways to tap in to the 2 trillion that is just sitting there. This is where you must be careful and learn from our current and past mistakes. Real Estate concepts in this country hold very well unless you interfere with them. Let the doves beware of the serpents out there

THE MARKET IS RESETTING

For a while there, I was a little concerned about how the younger generation would be able to afford a home with prices and financing being so high. Then, the collapse kicked in (shame on certain people), and hope was now restored enabling others to once again participate. It is time to consider to buy again

REAL ESTATE DUCKS ARE QUACKING

Now, certain ducks are lining up so that many can join and re-join the American dream of buying and then owning a home. Pricing is down, financing is attractive and historic, there is lots to choose from and FHA lending guidelines will welcome back anyone who has lost a home in the last 3 years.

THE UNTIED STATES OF AMERICA

The land of opportunity is one of America's nick names and rightfully so. There will always be a chance to get ahead, to dream and put legs on dreams and to do great things as long as a person has breath within them. You can knock Americans down, but not for long...

Happy Holidays

 

 

Richie Alan Naggar          Ran Right Realty       Riverside, Ca

Real Estate Broker and AUTHOR of the popular "PEARLS SERIES" of books on LIFE and LOVE

Richie@RanRightRealty.com         Richie@Pearlsforthesoul.com

PEOPLE FIRST...THEN BUSINESS

 

4 Comments on SIX TRILLION DOLLARS OF EQUITY LEFT IN HOMES

DEC
16
2011
103,557 Points 1 Featured Post Called Shot Master

I am sure Wall Street is figuring how to get at it and make a few Billion in bonuses.... Thanks for sharing
2:32pm • #1
840,383 Points 69 Featured Posts Outside Blog Called Shot Master

David...yes and we know better now...fool me once, shame on you...fool me twice, shame on me...There will not be a twice..my friend. thank you for coming by
2:39pm • #2
DEC
17
2011
375,353 Points 10 Featured Posts Outside Blog Hit Router Called Shot Master

Great post All true and yes there were nothing short of criminals with bad intentions that lead this country into the implosion (not downward spiral as it happened immediately/fast, not slowly) that started to emerge in late 06 then took full effect by 08.

The only good news from all this is you are accurater on the resetting and cycles and it does make homes affordable for te masses again. As a matter of fact I just took another new call this morning from a client who said I have to stop renting I can buy cheaper. The word is getting out
12:19pm • #3
840,383 Points 69 Featured Posts Outside Blog Called Shot Master

David...excellent commenting...you have a $100 credit at Richie's general store & post
1:39pm • #4


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