Real Estate Talk

Friday, November 24, 2006

Where's the bust?

It's the day after Thanksgiving and I hope all of you had a wonderful and joyous holiday. Donna and I spent the day with some of my family from Miss., Chicago and New York City. Two of my nephews, a niece and a grand-nephew were here visiting. It was so good to have them here, I usually travel to Miss. to see everyone on Thanksgiving so it was nice to be home for a change. It's amazing to interact with my nephews and niece as adults who have children of their own. It seems like yesterday that I was changing their diapers and now I have grand nieces and nephews. I think I mentioned here before that one of my grand nephews came five months early. The doctors didn't give him much chance of surviving. I am happy to report he is just fine. He was running around the house all day yesterday enjoying the heck out of himself. He sat at the table and ate mashed potatoes, squash, turkey and sweet potato pie. He's great! We're headed out shopping today before they get on the plane to go back to Miss. It's been a good week.

Not only did I have family here, I sold a house this week too. People are still buying homes even if some people think they should wait to see what the market is doing. Here's something from the Wall St. Journal that says the market slow down is over. I agree. http://www.realestatejournal.com/buysell/markettrends/20061122-izzo.html. This is absolutely the best time to be in the market. Please keep in mind that interest rates are still extremely low and there are more houses out there. Stop thinking about it and jump in.

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