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What every Realtor must know about this market

Danger Sign

While reading my email update from REAL TRENDS I came upon this insightful article. Now, I never cut and paste but I will be completely honest that I truly cut and pasted it because I didn't want to change a thing!

"After listening to economists and experts conjecture about the direction of the economy, a humorous summary is as follows:

What we have here is a continuing, but slowing, upward drive on the downside - which is better than a downward thrust on the upside, or even a sideways move on a U-shaped trough.

But, as the downside bottoms out, the resulting flat side of the up curve will strengthen any sideways movement still apparent in the recovery.

However, if the overshoot of incline produces a rising, but negative, slowdown in acceleration of the leading indicators, the resulting outflow could mean additional pressure from all sides of a circular demand curve."

Feel free to include in your future market evaluation posts!

Posted by Lake Norman Real Estate ~ Diane Aurit on 02/16/2008 08:54 AM

Comments (11)

humor, real estate humor

11 Comments on What every Realtor must know about this market

So in other words they have simply no words to describe what is REALLY happening and continue to not want to talk about it or make resolution of it...how insightful

02/16/2008 09:00 AM

by Crossville TN Real Estate, Melissa Grant Cumberland County TN Homes For Sale (Choice Real Estate)

Diane, What a way to cover all the bases... Speak Goobly Gook and you will never be wrong!

Ginger

02/16/2008 09:17 AM

by Wilmington NC Real Estate Ginger & Roger Sala Keller Williams (Keller Williams Wilmington North Carolina)

Sounds like a politician!

02/16/2008 09:26 AM

by Ken Rivera - Turlock (American Pacific Mortgage)

Diane

Sounds like someone is running for office here. Maybe one of our next Presidents!

02/16/2008 10:03 AM

by Gary J Rocks (Sussex County Real Estate)

i have discussed with many clients in regards to their homes;

that the percentage of the increase has decreased.

02/16/2008 10:10 AM

by Jay Beckingham (Allied Home Mortgage Capital Corp.)

that's a stitch!

02/16/2008 02:57 PM

by Leigh Brown Charlotte NC Broker/Owner (RE/MAX Signature Properties)

Diane, if you had tried to summarize that in your own words, you may have ended up in the emergency room.

02/16/2008 03:07 PM

by Hemet Home Loan Guy, Joey Aszterbaum (Patrion Mortgage)

Oh, my goodness Diane, this "double speak" was actually quite humorous.

02/16/2008 05:57 PM

by Lola Audu~ Audu Real Estate~ Grand Rapids, MI Broker

Public confidence will be boosted immeasurably by such an informative explanation of the current market..

02/20/2008 09:30 PM

by Wayzata Lakes Realty: Eric Kodner Sells Luxury Homes

So the obgyn's of American can practice their love for women across the country -GB

02/20/2008 10:33 PM

by Greg Nino Houston Texas (RE/MAX West Houston Professionals)

I like this - thanks for spin from the dark side!

02/22/2008 12:27 PM

by Matthew Rosov, Certified Mortgage Planning Specialist (Envision Lending Group)

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