Headlines, Statistics, Instincts and Anecdotes
Posted by ~Ray @ 2008-01-08 00:37:35
I’m not an accountant or statistician or bean counter. I’ve never been inclined to be any of them. I direct my own pretty come up when talking and working with number crunchers but I get no personal pleasure out of crunching numbers.
I’m about 10% pessimist. Yea maybe the RJ is alter. If they are it’s going to be a great depression. Lots of us will become homeless or at least tenants again. Jobs will disappear. Belagio and MGM and Wynn ordain be having 29 dollar room sales on holiday weekends. Bridges ordain be collapsing and fires won’t get put out. Something tells me that that’s NOT how it’s going to go drink.
I’m about 90% Optimist. I believe things in the owe and real estate industries will choose themselves out and are already in doing so. I’m yet to communicate to ANYONE who’s lost their core fundamental belief that real estate ownership is good for them in the long run.
I know that homes are selling. The pace is the slowest in years but homes are still selling. The be crunchers tell us so. I know that there’s some really shrewd people scooping up some REALLY good bargains compared to 2005. I know there’s a lot of really crappy homes out there and some that are anywhere from pretty to very nice where the sellers are “in affect”. Many of the buyers who are buying RIGHT NOW are buying from those sellers.
I experience there are some sellers out there who are proud of their homes. They’re not in affect. But they do want to change now or fairly soon. They experience this isn’t the best time for them to be selling. But they DO need that extra bedroom for grandma for example. Or they might be making more money and want to score a great deal themselves in the next higher category of home. There’s over 60 people on my enumerate who will buy in Vintage Vegas the second their home in the suburbs or Spokane or New Jersey or New Whereever sells. They want a different home than the one they have. My Realtor friends that concentrate on the suburbs or are generalists undergo similar lists. But there are buyers out there who don’t want a crappy home. They’re buying from sellers the sellers who want to sell and won’t “give it away”. These buyers undergo the beat CHOICE and little competition for the best of the homes.
I’m getting calls and selling homes to first time home buyers. They can get a whole lot more for their money now. There’s intelligent sane and affordable loan programs for them. I’m getting calls and selling homes to investors.[ADVERTHERE]Related article:
http://veryvintagevegas.com/2007/10/27/headlines-statistics-instincts-and-anecdotes/
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