Tuesday, April 8, 2008

"I Guess We Made Him Mad"

...Well, well, well. It's all clear to me now!
The real estate market has been in a mess for nearly three years now. We all have theories, as to "why." I'm really good at those, you know... You could look it up. But 90% of the statistics, as presented by 72% of all economists, contain 37% flawed data, 65% of the time. You could look that up too.
So, quite a long time ago, it seems that God was displeased with His people's performance here on earth. It rained for 40 days and 40 nights in a display of torrential might. Everything was lost, save for Noah and the inhabitants of the Ark. As I looked at the sky (see photo above) I couldn't help but see the significance of the imagery. We've made Him mad again. There is no other earthly explanation for the cloud formation and/or this real estate market.
But Good News! When the rains subsided, Noah and the survivors enjoyed a new beginning - a clean sheet of parchment - a chance to start over. I'm sensing that is so in the real estate market right now. I can't tell you how busy we've been the past month or so. It's mainly in the lower price ranges (under $200,000), as those who missed the last opportunity to become homeowners, are coming out of their slumber. Prices and interest rates are low. There are lots of motivated sellers and bank foreclosures. The paper is full of bad news, but then again, it always is. There is plenty to indicate we're either at... or very close to... "the bottom." Things are moving, as the force of pent up demand gains momentum. Like my buddy John just said, "The bad market will be over, when the people decide it's over." It's a great time to buy... Don't wait, or you may be singing the "I Cain't Bul'eeve I Missed The Freakin' Boat A'gin" Blues :-)

No comments:

Why read "Palm Coast Unplugged?"

"Palm Coast Unplugged" gives a "backstage pass" to locally focused Palm Coast, Flagler Beach, and Ormond Beach, Florida... Real Estate and other useful information:
Please feel free to share your comments at the end of any blog post!