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Is It Really The Luck of the Irish?

Reblogger Ken Anderson
Real Estate Sales Representative with Apex Results Realty Inc., Brokerage

Tis true, tis true.  We make our own luck most days, but on this day we share a wee bit o' the blarney with our friends in the land that had the snakes driven out by St. Patrick, and gave us this wonderful tradition.  On St. Paddy's Day, we're all Irish!

Original content by Myrl Jeffcoat

With St. Patrick's Day tomorrow, we are reminded of the traditions, that journey from the Emerald Isle.  There are the leprechauns, the shamrocks, and of course the Luck of the Irish. 

I have a suspicion the Luck of the Irish is more attributed to an ability to foresee trends.  For example, several years ago, real estate appeared to be on a never-ending cycle of viewing the pot at the end of the rainbow.  It was difficult for us to foresee what was to occur the following year, with the beginning of recession here in Sacramento and across this land.

All things in business and housing are measured in cycles, those who have either the luck of the Irish, or the ability to foresee trends, can benefit significantly with decisions about positioning well for the next cycle.

There is significant OPPORTUNITY For the astute observer of the business world.


Currently, we have housing at amazingly low prices than a couple of years ago.  We have excellent inventory, and interest rates are very attractive, at historic lows. I see this time as a fortuitous window of opportunity for those hoping to wisely place capital for future growth in real estate investment - and to tap a little Luck of the Irish!

Although, we may experience another year or so of foreclosure shakeout, I continue being a bit contrarian in nature.  I see OPPORTUNITY.

Although many cannot see the pot at the end of the rainbow, developing the ability to foresee trends, can make a significant difference in the world of housing and business investment, and provides us with the capacity for the collecting of the GREEN!

 



Real Living Great West Real Estate
(916) 635-0420
http://www.myrljeffcoat.com

 

 

Show All Comments Sort:
Richard Wilson
Cherry Creek Properties, LLC - Colorado Springs, CO
Town or Country, in Colorado, we do it all.

My Grandpa died in 1971.  He was a very wise man and told me that you could guage your financial decisions based on what bankers were doing in regards to an industry.  If a banker is loaning money easily, stay away.  If a banker will not loan, it must be time to buy.  He had seen this in the cattle and farming business, but it seems to hold true with houses also.

Mar 17, 2012 09:34 AM
Ken Anderson
Apex Results Realty Inc., Brokerage - Burlington, ON
Broker in Burlington, Ontario

Your Grandpa was a smart man.  I, too, was born on a farm, in Manitoba.  Best to follow the cattle, not the sheep LOL.  Yes, when bankers aren't lending, means few are buying, therefore prices are low, inventory is high, best time to get a a deal!

Mar 17, 2012 09:22 PM