Real Estate Market Time Capsule
How about some bookmark love? ::
I wish that I made a time capsule of the market in 2004 that I could open now to see the difference in attitudes toward Real Estate
The current market vs the market of yesteryear
Buyers refuse to buy because prices are not low enough
Prices are lower than the market of yesteryear
1/3 of Sellers are delusional about their price.
Sellers long for the market of yesteryear
Only real qualified buyers are allowed to make offers
Anyone who could fog a mirror was qualified to buy a home in the market of yesteryear.
No weird refinancing graphics appear from LowerMyBills
In this market Ditech now claims that the last people who still didn't use their service are "smart" with their "People are Smart" ad campaign. This is a major turnaround from using Ron Michaelson dressed as a drag queen to sell subprime and teaser rate products.
In Today's market, TIME magazine can introduce self-loathing and say that it is good news that home values were going down, because you deserve it for being greedy.
Nothing like a dose of unbridled socialism from the media. This will help you realize that wanting your home value to go up is a bad thing. Is having home equity something for which you should feel guilt and offer an apology to future generations? Only the next time capsule will show how ridiculous that notion is.
I wish that I made a time capsule of the market in 2004 that I could open now to see the difference in attitudes toward Real Estate
The current market vs the market of yesteryear
Buyers refuse to buy because prices are not low enough
Prices are lower than the market of yesteryear
1/3 of Sellers are delusional about their price.
Sellers long for the market of yesteryear
Only real qualified buyers are allowed to make offers
Anyone who could fog a mirror was qualified to buy a home in the market of yesteryear.
No weird refinancing graphics appear from LowerMyBills
In this market Ditech now claims that the last people who still didn't use their service are "smart" with their "People are Smart" ad campaign. This is a major turnaround from using Ron Michaelson dressed as a drag queen to sell subprime and teaser rate products.
In Today's market, TIME magazine can introduce self-loathing and say that it is good news that home values were going down, because you deserve it for being greedy.
Nothing like a dose of unbridled socialism from the media. This will help you realize that wanting your home value to go up is a bad thing. Is having home equity something for which you should feel guilt and offer an apology to future generations? Only the next time capsule will show how ridiculous that notion is.
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I just wish we could go back to 2004!
Great post, featured on this week's Carnival of Real Estate
Posted by
daltonsbriefs |
6:32 PM