Where do we go from here?

Hmmm, I will have to ponder that!   Lobotomies are cheap.  All you have to do is quit your real job and join the government as a "Servant of the People"!   They throw in the lobotomy for free when you sign up.  Isn't it wonderful that we have such a fine system looking out for our every need?   Kai

Hi Randy!  You got it!   I kind of think they can't do anything about it even if they do get it.   At least, they can't do much about it in the short run.   Ahhhh, makes a person stop and think a little harder before running back and forth to to meet with clients and do some of the other stuff that we do in this business.   Ah, such fun!   Kai

It surely is hard to keep up with all you fast thinkers.   Perhaps our politicians will wake up?   What, Kevin, do you propose they do?    Seems as though they are between the proverbial "rock and a hard place" on this one.  It also seems as Mike proposes, that they may have been caught up in their own game they perpetually play to extract more control over the economy, a huge engine that they can only foul!    Matthew correctly notes that the price of gas will not fall substantially by the end of the year.   All these things given, what does the hapless Realtor, caught up in these events, do to keep putting people in new homes at such times?   Kai

Hi Lynn!   Great to have you come by!   Kind of makes me sad not to have a more current post, but gee, there have been so many people moving homes from "for sale" to "for rent" that I am going quite nuts with business.   I am surely glad that gasoline is coming off those ultra high prices a little.  

Have a great and wonderful day.   Jerry

Hi Gita, I can heartily agree that it's time to relook the cars we drive, but the Big Boys in Town had best start doing some research on alternatives.   While this seems to be gaining traction in the country's thinking, the impact of the recent economic issues seem to have eclipsed everything.  

Lots and lots of people holding off for that "another year" you mention!   Kai

Hi Jim,  Thanks for your comment.   We are finding a lot of offers get to the final stages then the buyer gets cold feet and cuts and runs.   Things have definitely slowed. No one seems to know what to think about the situation, national, state and even international.   I suspect we will be all over the place with the economy until the new president takes the helm, and then the markets will finally settle down in one direction or another.   This is a waiting game requiring patience until we get thru the next few months.   But, as you note, it will pass and things will solidify.  My bet is that the FED will throw money at the system even at the expense of increasing inflation "a little".   We will see higher home prices again but it too will take awhile.   Let's hold tight for the time being.   Kai