Monday, December 10, 2007

Pretty House for Sale

Our biggest bogeyman right now is our condo. We really have to find a way to get it sold or occupied. The housing market right now is so soft that no one is even looking. Add to that Christmas and a tightening economy, I am not sure when the place will sell. It is a great townhouse; we just need to get some traffic. Heck, any traffic at this point would be a positive thing.

The New York Times, the Wall Street Journal, and many real-estate and financial market gurus are bearish, to say the least, on the current real-estate market. Some are predicting things will not get better for the low end of the market until sometime in 2009 or as late as 2010.

Too many sellers, not enough creditors, property values declining from unrealized highs...how do you possibly plan for this type of thing when you change careers?
Title by Charlie Pride

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