Real Estate in a Slowing Economy

Hello all,

I know it's been forever since I posted anything. The economy caught up with my business as well. Due to the tightening mortgage guidelines and media blowing everything out of proportions. I have had a lot of buyers decided to wait thinking home prices will fall further and a few who no longer qualify. Sellers are having a hard time dealing with the reality that it is going to take a while to sell you home unless you price very aggressively from the start.

Here is the Seattle area we really haven't seen that big of a decline compared to other markets. Luckily we have enough different large employers that unemployment and wages have remained fairly steady through the downturn of the economy.

Here is what surprises me. This happens ever 10-15 years it's a market correction. Yet the media plays it up like it is "The End of the World". This too will pass and those individuals who recognized the opportunities that are all around us right now are going to make a fortune when the market is back on the upswing.

It's investing 101.

"Buying when everyone is selling and then Sell when everyone is buying."

I for one joined a nationwide community of successful Real Estate investors. Took some classes to learn how I can creative (yet legally & ethically) aquire properties while the cost is low. I know have the contacts and ability to pickup several homes without using my own $$ or credit. I plan to find and hopefully purchase 10 properties before the market turns and starts going up. Nouveau Riche is the name of the community I joined. I highly recommend anyone who is interested in the making some great money by investing in real estate check this company out.

Here's a couple websites.

www.investorconcierge.com - Login as a guest and check out the deals exclusively available to members...WOW

"Wake Up America" - Watch the video..It really hit home w/ me.

www.reinvestorsolutions.com/AuxierFinancial - Go here to get more information on signing up or email me directly.

That's all for tonight. Life is good. Just remember...If you're not sure what to do...pay attention to the Media then do the exact opposite. Have a great night.

Josh