I WAS READING A REPORT THIS MORNING ABOUT PRICE DROP IN THE REAL ESTATE MARKET AND COULDN'T STOP THINKING ABOUT HOW CRAZY EVERYTHING IS GETTING. WHEN I WOKE UP THIS MORNING THE FUTURES WHERE 540 POINTS ON THE RED AND THE MAJOR STOCKS WHERE ANYWHERE FROM 5 TO 15% NEGATIVE.
SUDDENLY THERE WAS THE ANNOUNCEMENT THAT THE FED DROPPED THE INTEREST RATE 3/4 OF A POINT, LARGEST INTEREST RATE DROP IN OVER 20 YEARS.
A NAME LIKE "VULTURES', I FELT UPSET IN MY STOMACH WHEN I SEE STATISTICS PUBLICIZED FROM A SITE OR COMPANY THAT ONLY BENEFITS FROM DISTRESS AND COMPARES APPLES TO BANANAS CALLING ITSELF "CREDIBLE SOURCE".
JUST REMEMBER THAT REAL ESTATE HAS RULES, VERY SIMPLE ONES AS A MATTER OF FACT, LOCATION AND VIEW.
THE CREDIT MESS IS AFFECTING MANY BUT NOT ALL OF US AND THOSE IN NEED OF IMMEDIATE CASH MAY BE WILLING TO RISK OR LOOSE EASIER THAN THE REST OF US.
YOU CAN SPREAD YOUR NEGATIVE OPINION LIKE A VIRUS AND MOST OF ALL IT'S TIME TO BE RESPONSIBLE AND MAKE ACCURATE STATEMENTS AND STOP THE NEGATIVE GUESS.
EVERYONE TALKS ABOUT FORECLOSURES, SHORT SALES AND DEPRECIATION.
I DISAGREE WITH WHAT WAS WRITTEN BY CONDO VULTURES IN THIS ARTILCE.
January 22, 2008
Condo Vultures® - Market Intelligence Report...
SPECIFICALLY THEIR GENERAL COMMENT THAT "Condo Discounts Stuck At -22% As Aventura Prices Drop"
13 hours ago
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