The World Will Not End

"Housing starts rose 9% and the market cheerleaders proclaimed that we have seen a bottom. But not if you look at the actual numbers. New unemployment claims were OK, but not if you look at the actual numbers. And inflation was simply ugly, no matter what numbers you look at. However, oil is down and there is reason to think it may have further to go on the downside. We cover all this and more, as we first look at why the world is not going to end."

So begins John Mauldin's current investor essay, one of many that we follow regularly [if you haven't subscribed to his FREE newsletter yet, please click here:
http://www.frontlinethoughts.com/subscribe.asp ]. Folks, the world will not end even though the media is full of tough news. In the housing market, it's always a great market... for somebody. It just isn't a great market for everyone at the same time.

Right now, investors are swarming over the foreclosure market, seeing an opportunity to build long-term wealth. First-time buyers are looking at condos, townhomes, and low-priced fixers and using attractive FHA financing with down payment and costs paid by the seller. The usual motivations for sellers can still be in play, whether down or up-sizing, relocation, divorce, or homes put in probate.

There are sales of homes, and purchases of homes, being made every day in our local area. Whether you as an individual buy or sell is a choice for you to make. However, people are making moves and if it might be something you are considering, you should call us at 661-290-3750 and let's get started.