When are we going to WAKE UP

Real Estate Broker/Owner with Birchall and Company Real Estate

How many times have you heard talk of a " housing rescue"?  Heck, at this point almost everything has been attached to some sort of rescue plan or the famous "bailout" term or stimulus package...save me from failure, I need help, just give me money.  Show me the money! Where's my stimulus package? 

Well, being the glass have full type, I have to believe that all the money and stimulus that has been thrown at the market will start to impact the economy (housing market) in the coming year.  We have to drop the "instant gratification" montra from our culture for a moment and tighten up!  Let's see... I've heard 1st quarter, 2nd qtr, 3rd qtr..umm ya and 4th qtr... maybe one of the analysts will get it right.  They have a good chance. Since it seems as if everything that happens these days is dictated by what we hear in the news.  Have we really gotten to the point were we base our day to day decisions on what a panel of "analysts" say might happen at some point down the road...a forecasting of the forecast?  I agree that certain elements in the market are worth understanding and can impact the probability that an event might or might not occur, but come on... Where is the positive reinforcement?  At some point we realize the world is not going to end and we, just like everyone else will get out of bed and put our pants on one leg at a time.  Lets get on with it already.

Until the government, FEDS,... who ever is steering the ship, (by the way, anyone know?) begins to understand you have to help "everyone" not just those who have made poor decisions, over extended, or basically failed... we will only become more dependent... Is it just me, or are we encouraging failure?  

Make it a great day! 

Comments (6)

Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

I wouldn't be standing outside waiting for your rescue.  You might get wet or cold before it happens

Dec 13, 2008 02:04 AM
Gordon Sloan
Group1 Real Estate, selling houses in Salt Lake City Utah - Salt Lake City, UT
Salt Lake Homes For Sale, Salt Lake Real Estate

Andrew, you are correct in assigning some portion of the current problems to the get rich quick montra. However that mindset is what attracted many of the agents to the business in the first place.

For those agents, the recovery will not be fast enough.

Nor will any bailout be sufficient to return the market to what it was during "the Bubble".

When the market returns, Real Estate will be like most businesses, tough and demanding.

Thats a good thing, because it will be manageable

Dec 13, 2008 02:08 AM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices


Why they need to help anyone? Why they need to help at all? Why is that longing for socialism? It can only give a quick fix, and then what?

If you get cold, it will take you 7 days to feel well. That is if yo do nothing. It will take you 6 days if you are heavily medicated.

This medication can cost you a lot.

So, why not just go 7 days, and have it fix itself naturally, through the market process, not the "help us" type?

Dec 13, 2008 02:09 AM
Denise Gray
Realty World Alliance - Wichita, KS
Realtor SRES, Wichita Kansas Homes

I have an Associate that I've known since 1979. He is one of those CRAZY geek types who has done very well timing the market. He's grasp of Economics is amazing.

In November during one of my depressed moments I called him and asked just what the hell is going on and how bad will it get. He was just finishing up a report for the local banks and his clients and told me to hold on it is going to get a whole lot worse.

His opinion: In Wichita we have been somewhat insulated from the wrath that has plaqued the states around us. The start of the Recession was in March even though at that time we had not had the 2 quarters that are used to officially say Recession. The normal run is 18 months. So by his calculations we should start to see the beginning of a turn around in late 2009. Never have we had the Government print so much money with anything to back it. Never have we had the Government tell us keep lending money even when you know they have no means to pay it back. So Suck it up, Tighten up, and hold on it's going to be a rough ride.

Now that doesn't mean you have to become depressed, just be realistic about what is going on around you and keep plugging away.

Dec 13, 2008 02:16 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Andrew,  You're right !  Get out there and make it happen !  This recovery will begin as we agents make a positive contact, face to face and show buyers this is a great time to make money !

Dec 13, 2008 02:18 AM
Andrew Birchall
Birchall and Company Real Estate - Saint Augustine, FL
Broker / Owner

Wow, Thanks for the quick responses!

Russ- cold and wet.. Im there!... but its heating up!

Corie- less agents the better... tough and demanding is right. and good!

John- I agree with you... the market needs to fix itself naturally. I think everyone needs a little help sometimes...its just how you define it!

Denise - I like that, Suck up and Tighten up! Realistic is right. When has the market ever retreated in a way that can bring so many new buyers back to the table?  I think its exciting... so much opportunity. 

Bill - Thanks.  I appreciate it. 

Happy Selling!



Dec 13, 2008 02:46 AM