Thursday, January 17, 2008

The Housing Crisis

I'd like to think that I have a somewhat unique perspective on the housing bubble. I've sold foreclosures properties for banks for many years. There is no doubt that things are not all that great right now. However, part of the problem that we have is the media. Gloom and doom is all that we see. It is at the forefront of just about every publication and tv station that one turns on. Frankly, it scares people. Some qualified buyers that really want to buy a home sit on the sidelines because of the news. Many bottom feeders come out and take the concept of buy low to new and dangerous levels. I really believe that these factors have compounded the problem and made them worse than they need to be. There are really great deals out there. Smart buyers and investors will buy now. Let's all remember that shelter is a universal.

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