10 reasons I'm happy for a recession

By
Real Estate Agent with RE/MAX Realty Specialists Inc.,

1. Family Dinners in with friends
2. Shorter gas lines and better prices per liter
3. Less junk mail
4. More Time with your Family/Spouse
5. Better Prices on Everything you really need
6. Bargains on vehicles and houses
7. New Business Opportunities/ Relationships
8. Time to read a book or three
9. Everyone has a chance to take a breathe and decide what's important
10. New perspectives on what creates true happiness

For everything there is a season,

The spring to sow,
The summer to make hay,
The Fall is to Harvest and Give Thanks,
The Winter to stay inside and plan for the future.

This simply also applies to the economy. During the winter time, the soil must rest, rejuvenate itself for the new planting season, the snow covers the fields to remoisturize the earth, cold makes us stay in and rest for the new working season.

When applied to Real estate, the cooler markets bring better prices but more importantly they level the playing field between neighbourhoods and different complex's. Those shopping have a broader selection to pick from, Sellers are forced to be realistic in their asking prices relative to the last sale, and we all have time to be thoughtful and reflective about what we are spending our money on.

If you are considering entering the market I would be pleased to hear from you....

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Location:
Ontario York Region Toronto Etobicoke
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Tags:
buying a home in a down market
buyers agent west toronto
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Comments 5 New Comment

Show All Comments
Rainer
54,576
Marg Scheben
Edey - Collingwood, Ontario
RE/MAX four seasons realty limited

What a great attitude David.  I read a sign at a local nursing home the other day that said, "If you keep your face to the sun, you won't see the shadows."  Looks like that is exactly what you are doing.

January 31, 2009 11:52 AM
Rainer
8,656
Brett Weaver
Owner/Photographer
SpotLight Virtual Tours

David,

Thanks for the insightful post.  I completely agree.  I think there is something contrarian about me, because although the current economic situation can be painful at times, it's also exciting to see what new opportunities will come out of it.

 

Good luck out there!

January 31, 2009 03:13 PM
Anonymous #3
Anonymous
David Pylyp

If anyone needs to rethink recession they need to look at EXXON's posted 2008 profits of 46 BILLION and then compare that with the bank year end bonus paid for performance.

We have a lot of work to do but I think people are up for the task, there is a renewed sense of optimism.

January 31, 2009 04:08 PM
Rainmaker
660,171
Pacita Dimacali
Alameda/Contra Costa Counties CA
Alain Pinel

Good way to put it...

But I still got tons of junk AND spam mail.

And I'm working harder than ever to cultivate the leads that I have.

Actually....I've never been busier! GOOD busy since I am working with buyers who feel that they finally can afford to buy and not to compete on every transaction.

February 01, 2009 11:52 PM
Rainer
30,777
Mike Andruff
RE/MAX Crest Realty Westside

David,

Your a "glass half full" kinda guy like myself. You have a very healthy attitude. Wishing you an awesome 2009!

Mike Andruff

February 08, 2009 10:01 PM
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Rainmaker
242,242

David Pylyp

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