60 Minutes Special on What’s Coming…

February 6, 2009 by Lisa Cooper 

You know, we really like to keep things positive around here, so here’s a positive thought…

Information is Power.

We assume that if  you are reading this article, that you are either networking with us as peers to stay in the know, as we are to you, or a consumer peering over the fence of real estate opportunity. Some of you may be wondering when the bottom of the real estate market will come, and this economic cycle abate. Because the housing market is very media driven, others may be wondering when the media is going to ring the bell, and signal a home purchasing frenzy that will vacuum up all of this inventory in a matter of weeks.

Question: Does the definition of “bottom of the market” have to involve huge market movement? Probably not, that would just be the media’s notion on remembering when they decided it should happen, and when the hoards came into the market all at once.

What if the the bottom of the market is now, and has been since mid-2008, and will be for the next two years. We leave it for you to decide.

Watch this video segement that 60 Minutes did recently entitled A Second Mortgage Disaster On The Horizon?.

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