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Keep Calm - The Sky is Not Falling! This Is NOT 2008
Keep Calm - The Sky is Not Falling! This Is NOT 2008
Recessions are a fact of life - as we often hear financial advisors say, “It’s not a matter of if but, when we’ll experience another one.” We don’t know - none of us have crystal balls and if you are a business owner as I am, you read, analyze data and come up with your own opinion. And, that’s just we all have about a possible correction/recession - our own OPINION!
We have heard from many in the news media that ‘this is the year’ or that ‘a recession is upon us.’ Really, their data is no better than ours - they’re stating conjectures - well, and we all know how they love sensationalism! That’s what sells in their business so, they stick with what ‘sells’ in their business. I call it ‘Chicken Little Syndrome!’ Sometimes, it’s at the expense of others’ businesses; in this case, their invalid conjectures are causing some who are/were thinking of buying or selling to hedge their bets a bit.
So, here are a few facts and the conclusion that those of us in the real estate business would like to share:
Last week released the results ... more

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