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Don’t worry…be happy

January 17, 2009

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A client asked me today when he was going to hear some good news. When was he going to hear something positive about the real estate market? He was tired of hearing that his home isn’t selling because no one is buying. I feel his pain.

But here’s some simple truths. There is good news. It’s the old silver lining in every cloud syndrome and I think it bears repeating.

1. THINGS WILL GET BETTER. Once we work our way out of this (and I think it will be sooner than later) – the housing industry WILL recover and we will have a stable and secure real estate market. Will it happen tomorrow? Unlikely.  But could it happen THIS YEAR? Very likely.

2. HOUSING IS STILL A GREAT BUY. Rates are ridiculously low and prices are even lower. If you EVER wanted to own a home – buy now. BUY…BUY…BUY. Homes are listed at crazy low prices. I can tell you this, investors are buying and they are going into the rental market. Smart people see the opportunities. Other people see problems. Be smart!

3. ENJOY YOUR HOME. Life is not only about the bottom line. If you loved your house before…you will still love it now even if it isn’t worth as much. It’s STILL YOUR HOME.

4. LEARN TO COPE. Life has its ups and downs. Good times and bad times. But hey…we are still here, we still have a roof over our heads and the sun will come up tomorrow. Enjoy.

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