Monday, February 7, 2011

Too Much Of A Good Thing

Could we start with that it is actually possible for there to be too much snow? This season is doing great business for Summit County because of a spectacular snow year. We are really only like farmers because we rely on the weather to give us our crop.

The overabundance of easy to get financing is credited with the downfall of the real estate market. The overabundance of properties to sell is credited with keeping the market at the current level. A gut check of any serious real estate investor comes to the conclusion that now is the time to buy. We are passed the point of panic in the country. We are passed the point of exploding forecolsures. Interest rates are starting on their way up. Those people with the backbone to be pruchasers now are going to come out like bandits.

Ask for abundance, but be careful what you wish for.

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