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Real Estate Got us into this Mess!!

Reblogger Benjamin Brown
Real Estate Agent with Cornerstone

Good Point. Let's get on with it already.

Original content by Louis Cammarosano

AND real estate will lead us out of it.

The rush by millions of people to buy no money down homes and the willingness of lenders to make those loans caused the current economic crisis.

With so many homes in default, interest rates low and home prices also low, the turn around in the economy most likely will begin with real estate.

After all buying a home now is probably a safer bet than putting money in the volitile stock market.

Thoughts?

See also Real Estate Got Us Into This Mess

 

 

Show All Comments
Dinah Lee Griffey
Windermere Peninsula Properties - Allyn, WA
Managing Broker Windermere Peninsula Properties

You are right. I have been showing homes to invetors- what does that say? Then come the first time home buyers, then the move upers, and move downers, and then we are where we were before, until next time. I am not concerned. I am enjoying the fact that I am learning first hand this time, for next time. Real estate is not month to month but year to year and decade to decade you just have to average it out, but it always goes up!-Dinah Lee

Nov 28, 2008 03:01 AM
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