Wednesday, July 30, 2008

Observations about re-urbanization

With doom and gloom that the news media is feeding you, I have to insert a question:

What if times are great, and we don't even know it? What if this is as good as it gets?

In doing some reading and thinking about the current state of life, real estate, Denver, and Colorado, things may not be as bad as they say. I hate to be a non-believer in the news-media, but in working downtown the other night, people seemed pretty happy to be out.

Like all things, we are interconnected. I have yet to see statistics (unbiased statistics? Everyone has an agenda...there is a statistic for everything) that link the emotional health with news, or anything, for that matter.

When people ask me what is going on with real estate, I naturally back off and let them know that there are a lot of factors to summarize the current, past, present, or future real estate trends.

Just as Best Buy sells electronics, McDonalds sells hamburgers, news-media sells news, many real estate brokers sell homes. There are some markets that are doing better than others. There are some markets doing worse than others.

Many people are on edge about an incoming president, high gas prices, summertime heat, and stressors associated with things like money, house payments, and foreclosures. My advice: be informed and learn as much as possible about these things- it will put you in a better position to make informed decisions and cope with all types of stress, and deal with the ups and downs of a turbulent real estate market.

Thanks for reading!

Edward Martin
Showcase Properties Unlimited
apexofdenver.blogspot.com
303-875-4450

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