economy: All This Negative Attention to the RE Market
- 11/30/08 06:27 PM
I know I've been guilty of it, I pay too much attention to it. Heck, my last 3 blogs have been about it. It's all this negative blogging and news stories about the real estate market that has us running for the hills. I actually don't look at it the same way many people are looking at it right now. Sure, prices are low, inventory is high, but this just means it's a great time to invest. Any other market, don't you buy when prices are low and choices are plentiful? There is so much media broadcasting that we haven't even … (1 comments)
economy: How to Solve the Housing Market Price Drop
- 11/12/08 04:07 PM
I may have come up with a possible solution (or cushion) for the falling prices in this housing market. The source of inspiration for this idea was the best part: I was watching Conan O'brien the other night and Jim Cramer from Mad Money was a guest. He jokingly made a comment on that show, and although may have been a little crazy, it made some sense. His solution to the problem is to burn down all foreclosed homes. His reasoning was that if we eliminate the surplus, we don't have a flooded market, and house prices rise. Although, burning down … (3 comments)
I know I've been guilty of it, I pay too much attention to it. Heck, my last 3 blogs have been about it. It's all this negative blogging and news stories about the real estate market that has us running for the hills. I actually don't look at it the same way many people are looking at it right now. Sure, prices are low, inventory is high, but this just means it's a great time to invest. Any other market, don't you buy when prices are low and choices are plentiful? There is so much media broadcasting that we haven't even … (1 comments)
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