Recently in NotaryLoans Category
The holidays are upon us once again, and once again it is time to be grateful. With all the negative media these days, I wanted to remind you that many wonderful things are happening despite what you may hear in the news.
A Silver Lining in the Housing Market
The media always loves to focus on the negative, and it may get you doing so as well-well, don't. The book and DVD called The Secret show pretty conclusively that whatever you focus on becomes your experience, i.e., whatever your worry about ends up happening. You know me, I always focus on the positive-well, here it goes:
POSITIVE #1: Since the housing market has slowed down, more people are saving. More savings provide more funds for banks to loan to homebuyers.
POSITIVE #2: Since the increase in gas prices, people are driving less, buying more energy-efficient cars, and starting to install more solar features in their homes-all good for the environment. People also are starting to move to the inner city, great for revitalizing downtown areas and giving families more time to spend at home with one another.
POSITIVE #3: The fall in the dollar is helping our economy because foreign consumers are buying more of our products, taking more vacations here, and helping our trade imbalance.
POSITIVE #4: The subprime lenders had sold homes to people who could not afford them anyway. Now those less-expensive foreclosures are being bought by people who otherwise could not have afforded a home.
POSITIVE #5: The slowdown in the housing market is confined to those areas that went up too fast, anyway-i.e., Florida; ; ; ; ; and . Now the locals there once again can afford to buy a home.
So savings are up, we are using less gas and moving back to the inner city, more people are concerned about conserving energy, our trade deficit is improving, and more deserving Americans are able to afford a home. We also live in the best place in the world-what could be better?
Be grateful and enjoy your . God bless you all.
SOURCE: "Housing Prices are Down, Oil is Up, and That's Not Really So Bad," New York Times, November 14, pp. A1 and A20.