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The End Must Be Near, Because I Can You See The Light?

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Services for Real Estate Pros with Homes Plus Realty, llc, 3095874

The End Must Be Near, Because I Can You See The Light?

Over the last 10 years we have seen all kinds of bubbles pop. First it was the stock market then it was the real estate markets, and then came the bank problems and now we are in a commodities market melt down. Which means lower oil, gasoline and natural gas that is not a bad thing.

This same cycle happened in the late 1960's into the early1970's and again in the late 80's into the 90's. I if am correct and it is simply a cycle that must run itself out, we should start to see the stock market begin to turn around in the next couple of months, followed by the bank recovery. Then real estate residential markets towards latter part of 2009 followed a few months later by the commercial real estate market.

History always seems to repeat it self. So, don't panic and if you look closely maybe you too can see that there is a light at the end of this tunnel.

Bob Calistri, Broker
Real Estate Auctions, llc

www.realestateauctionsllc.com

bob@realestateauctionsllc.com

Comments (11)
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Patty Carroll
Vancouver, WA

Thanks for your post, we also believe that history repeats itself.

Oct 23, 2008 04:07 AM
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Robert,

Great outlook....positive attitude will get positive results....

Oct 23, 2008 04:11 AM
Kathie Gartlan
Illustrated Properties - Jupiter, FL

I have lived and worked in Jupiter area for 28 years and I have been through Savings and Loan crisis , real estate tank and dot com crash hold your own and it will come back. Right now you can get geat deals buy at 2003 prices in the area where I live.

thanks for the positive spin on things

Oct 23, 2008 04:14 AM
Robert Calistri
Homes Plus Realty, llc, - Valrico, FL
Broker Of Record Services

Hi Patty and Dan,

Now is the time to start building your portfolio, so you are ready when the market comes back.
Bob

Oct 23, 2008 04:14 AM
Robert Calistri
Homes Plus Realty, llc, - Valrico, FL
Broker Of Record Services

Kathie
I keep telling people to buy now because prices are so low.
Bob

Oct 23, 2008 04:16 AM
Lewis Beynon
CENTURY 21 Triangle Group - Raleigh, NC
Lew B Realty

With all the doom and gloom out there, thanks for the positive blog today.

Oct 23, 2008 04:30 AM
Lori Isaacson
Credit Restoration Consultants - Plantation, FL

I so agree with you. I have been in South Florida for almost 30 years. (oy vey) I have seen so many real estate and financial swings I feel like I am on a roller coaster sometimes. As my Rabbi says " life is like a Challah:. For those who have no idea what that is, it is an egg bread with peaks and valleys, just like life. So what goes up will come down and reverse it as well. So that said, we must enjoy each journey no matter which direction it is going. Thanks for the eye opening post. Enjoy each day as if it is the best day of your life. Enjoy each swing as if it is the most important time in your life. In other words live one day at a time and now I know this is corny but live each as if it is your last. Yes as you can tell I am the eternal optimist...And believe me it is not such a bad thing...

Happy Thursday!!

Lori

Oct 23, 2008 04:32 AM
Robert Calistri
Homes Plus Realty, llc, - Valrico, FL
Broker Of Record Services

Thanks Lewis,

I hate gloom and doom, that's why I wrote it.
Bob

Oct 23, 2008 04:34 AM
Robert Calistri
Homes Plus Realty, llc, - Valrico, FL
Broker Of Record Services

Hi Lori,

I am also the eternal optimist. I believe if that I believe that a property will sell then I will do the right things to make it sell.
BOB

Oct 23, 2008 04:38 AM
Patrick Johnson
Windermere - Bellingham, WA

I agree with you 100%. Most agents ( myself included, in 2001 ) got into this biz on the upswing and have never known a "down" market so we tend to think this is the only time this has happened. Luckily, I know that this has happened before in cycles like you said, so I am just adjusting my work habits to today's needs and continue them to be even more successful when the market turns around.

Oct 23, 2008 04:39 AM
Robert Calistri
Homes Plus Realty, llc, - Valrico, FL
Broker Of Record Services

Patrick
Having knowledge of what will happen based on what has happened in the past always gives us the advantage to prepare for it.
Bob

Oct 23, 2008 04:44 AM
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Robert Calistri

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Why I give free real estate advice with no strings attached. Answers are just a email or phone call away. Most real estate agent have been trained to try and persuade potential buyers or sellers to sign a contract before the real estate agent will give them any information. This is a foolish practice, because if a buyer or seller wants to try and to buyer or sell on their own I think they should try it. They need to understand why we as real estate agents are paid a commission. I think they should put the effort, learn the way to correctly price their home, find out what advertising is correct and gets the best response. I understand this and appreciate that they want to save the commission. But statics do show that 94% of all real estate is sold by an real estate agent. But this doesn't mean that you can't buy or sell a property by yourself. Rather than fight common sense and human nature for those who are willing to try this, I recognize that it would be better to help them. In exchange for this help, I would like to earn additional business for myself through refferals to friends, relatives and coworkers who may be buying or selling in the future. Or even perhaps from you, if you decide that a do it yourself sale or purchase is taking to long or not working as you originally thought.

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