People seemed happy yesterday and current crisis will pass!

By
Real Estate Broker/Owner with Carousel Realty of Dyer County Tn 248435000

Yesterday I pulled into the gas pumps and noticed several people appeared to be smiling and happy. The pump price had dropped to $3.22. I noticed that price from the highway and I too perked up and pulled in.

I know we are seeing gloom and doom but good things always comes out of something bad.

  1. The stock market is reeling
  2. Stock prices are falling
  3. Retirement accounts are dropping in value
  4. Credit markets appear to be clogged up
  5. House prices have fallen
  6. Many who could not afford to purchase homes have or will lose them in foreclosure
  7. Many in the real estate business have changed professions
  8. Many high flying ceo's in financial sector have or will lose their jobs

 

Now for the good:

  1. There is some fantastic buying opportunities in the stock market
  2. There are some fantastic buying opportunities for real estate
  3. Real estate rental demand is through the roof
  4. Many of the real estate agents and mortgage lenders who participated in subprime meltdown are out of the profession or soon will be
  5. The real estate professionals left standing will be better for the adversity that has hit
  6. Now we can afford to fill up our cars at the gas pump
  7. Now we can begin to take family vacations again
  8. Now gas prices no longer driving up inflation and raising prices for goods and services we purchase
  9. With slowdown in the economy we will see more competition among retailers for our business thus driving down prices
  10. Experts see a bottom in sight on the stock market
  11. The credit crisis is being addressed by G7, our treasury and nations around the world
  12. The sun is still coming up
  13. Temperatures have cooled off
  14. The leaves are changing colors and just beautiful
  15. We have a God who loves us and promises to take care of us if we put him first!

The good list almost doubles the bad list so do not worry about tomorrow but dwell on the good!

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Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Dyersburg Tn Real Estate

We have to have faith that God will take care of us if we follow him!

Oct 10, 2008 02:30 PM #1
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Hugh Krone
Weichert Referral Associates - Hamburg, NJ
Realtor, Sussex County NJ

Mike , None of those negative things scare me. They will all work out in time. What really scares me is Obama becoming president and having the moral backbone of this country go so far away from God that He lifes His veil of protection away from us.

Oct 10, 2008 07:36 PM #2
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  • There are some fantastic buying opportunities for real estate
  • Real estate rental demand is through the roof
  • Good evening Mike,

    I'm hearing both of those things from my clients.  Times of great change, like we have right now, are also times of great opportunity.

    Respectfully,

    Bruce

    Oct 10, 2008 08:49 PM #3
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    Mike Frazier
    Carousel Realty of Dyer County - Dyersburg, TN
    Dyersburg Tn Real Estate
    Hugh, We serve a mighty God who is control!
    Oct 10, 2008 09:21 PM #4
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    Mike Frazier

    Dyersburg Tn Real Estate
    I am ready to answer and questions you may have
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