Gluttony

Gluttony

Gluttony - It means excessive, an excessive practice of something.

There are quite a few reasons why our current economic climate is looking for a shovel and a nice green field where it can be put to rest. After feeding the globe with promises, we are seeing how distorted views by financial barons' elevated greed to a new level.

This greed spilled over to the "average Joe".

No, say it ain't so Joe!

Joe Buyer wanted more house than they could afford. Joe Seller wanted multiple offers and quick sales. Joe Homeowner wanted the equity to pay off the credit card companies. Joe Move up wanted a bigger home. Joe Builder wanted increased profits. Joe Developer wanted a greater ROI. Joe lender wanted to sell more loans.

And just when you might think is it safe to go back into the water.

Now comes along Joe G. Speculator and the G stands for Gluttony. Joe is bringing back the sensation of greed into the housing market. Joe buys low and sells high. Joe looks at housing as a commodity

The problem this creates is that most commodities are consumed by the public. Soy beans, coffee, gas, cotton, pork bellies, etc. Commodities are not an essential value in our lives. Housing is essential. Housing represents our financial, psychological, and physical values.

What to do now? Take greed out of any equation. Maintain control and patience. Trust your decisions. Trust your Realtor, because . . . . . . . . . Joe G. will take the next train coming!