Yes, Yes, Yes, I have heard and continue to hear how bad it is out in the world.  I hear of people losing their homes as well as large mortgage companies going under.

BUT, and this is a HUGE BUT, People still need a place to live, the population is growing and by 2030 will be 450+ million strong here in America according to some stats.

What does that tell me, that tells me, that our inventory, will shrink and when it does will take these ridiculously low home prices and push them back upwards.  With these low prices and low interest rates it is more important than ever to tell you clients to buy now and not wait.  Just like stocks, the media pushed pushed pushed for people to jump on the tech band wagon until the bubble popped then they looked at excuses and who to blame for the crash. 

Well housing along with food & shelter (transportation to another extent) are 4 main items people have to have...  transportation can be handled by more metro are bus & rail lines while food & shelter are and continue to be an individual choice on where you raise your family and rest your head at night.

With that said, it is time to start educating the public and clients and let them know, that now is the time to buy.  Buy low and sell HIGH...  Same with stocks, but alas, so many do what others are doing and are always chasing the low number and end up buying high with the crowds and selling low with the crowds and never getting ahead.

One positive light we are finally seeing in the media is a report last week in USA Today about Mid West housing prices are holding steady while the South West is still taking a hit.

For our area that is a nice piece of information to hear from the media, but it is also like a single shot from a .22 caliber facing a full line of Bradley Tanks on the front line.

One thing I can add is that I have been updating my clients with the positive news and how at the current rates and prices, they are still getting a better deal then say 18 months ago...