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Laws of Attraction

By Susan Goulding

Real Estate Broker/Owner with Crown Key Realty, Inc; Tracy & Mountain House Sales and Property Management 01490605

March 16, 2007 06:34 PM

I haven't seen the new craze movie "The Secret".

I do understand the premise. If you believe in good things, good things happen. If you give in slices your get returns in loaves.

However, is this really a new philosophy on life? Hasn't perception always played a role in how people think and feel? Half full or half empty?

I've spent a lot of time this week thinking about Real Estate. The Central Valley of California is being hit hard by REO's; foreclosures and short sales. Will this trend stay forever, I doubt it. I'm a firm believer that California Real Estate is always a great long term investment. However, investors who got 100% loans hoping to flip something quick and easy have been badly burned.

I feel terrible for the first time home buyer who got put into home loans they now can't afford, have no equity to refinance etc. What do they do? Walk?

So, in looking at the positive side... there is a tremendous opportunity for first time home buyers in the Tracy and Mountain House areas to purchase a home. CalFHA loans are available at 103% - WOW! Prices for starter homes are lower than they have been in 5 years.

Now is the time to buy in California. The people who are waiting until the market hits "bottom" will miss it because by the time they realize bottom has occured the market will be quickly rising.

Call today if want to know more about Real Estate and homes for sale in Northern California.

Think positive and have a great today.

Susan Goulding
Keller Williams
209-914-5573
mailto:AR@SusanGoulding.com
www.SusanGoulding.com

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Cyndee Haydon

Charles Rutenberg Realty - Clearwater, FL

727-710-8035 Clearwater, Beach Short Sales Luxury Condos &Homes

Susan,

We've experienced the same thing here in the Tampa Bay area. I do see lots of inexperienced investors - It reminds me of waht my mother use to always say..."if it looks too good to be true I probably is"

Like you, the good news is that we live in paradise and our job market is strong and I believe it will continue to be a desirable place to live and work.

While we've seen prices "adjust" a little - we're seeing things pick up again and experience shows that right now is a great time to buy real estate in the Tampa Bay area - as sales pick up the pendulum will swing back towards the middle again and it will cost buyers - because right now buyers with savvy agents are negotiating all their closing costs to be paid by the motivated sellers. 3-6% on a $200,000 is $6-12K - which most first time homebuyers don't have!

I have seen the Secret and enjoyed it - I found a great tip that I now use with my family - I made a Gratitude Journal for reach of them so I can stay focused on all the great things about each of them rather than getting caught up on the "small stuff" - so in that vein - I'm thankful for AR and the opportunity to make new friendships with like minded professionals and who knows maybe we'll be able to work together in the future - Lots of people from California are attracted to Our Gulf Beaches and local real estate.

Have a great Saturday and may you attract much success in 2007!!!

Mar 17, 2007 05:17 AM

Laws of Attraction

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