Real Estate Market Has Hit Rock Bottom?

by: Gary Nelson

So everyone is under the impression that the real estate market has hit rock bottom, and everyone is talking about a recession, everyone is mentioning the undeniable fact that America is going suffering financially at such a rapid rate, that the future doesn’t hold to much good for us all. Before jumping to conclusions, though, let’s focus on the realities of the current situation, yes people are losing jobs, yes business’s are closing at very fast rates, yes no one is buying homes but many are attempting to sell their homes. So what are the reasons behind these drastic changes in America, and what kind of hope, if any, do we all have for the upcoming future. This is not a political based article, therefore the president elect winner will not be mentioned in this article, nor will his issues and dreams and hopes for this country, instead the current real estate market and reasons for the declines will be discussed, and of course we’ll try to squeeze in some ways to make this slump better for all. We are all paying for the mistakes of so many currently, mistakes that allowed people with bad credit and no down payment, and a salary under 100K to purchase brand new homes that they could barely afford, and expected that the interest rates are going to stay the same and that nothing will change.

Yes, it’s mistakes such as these that drove the current economic state right into the bottom, it is mistakes like these that have brought on the current real estate crisis, and why is this important, because the real estate market is the foundation for our entire economy, real estate is tied into every and any industry that one can imagine. If the real estate market is in a bind, then the entire country will suffer as well, if people aren’t buying real estate properties then everything comes to a screeching hault. Considering the fact the no matter what industry one thinks about, that industry can be related to the real estate market, whether it be construction or furniture sales. These industries are suffering and going through massive layoffs because no one is purchasing properties and leaving no reason to furnish homes and no reason to build new ones. It is for these reasons that the great country of America is suffering from the biggest financial deficit in its history, and why the unemployment rate is approaching double digits. So we all know these factors, and we are all aware of what’s going on with our great nation, which is why we chose a presidential candidate that will, hopefully, turn things around for us, for if he cannot then there’s not much hope left at all. So what can one do in this current situation, what should one do without waiting for the new president to take action? Aside from saving money and balancing your budget, we aren’t left with too many options, and the real estate market relies of individuals such as yourself to take a risk and make a financial commitment in order to keep this country going.

Real estate marketing websites are taking serious impacts on their businesses as well, due to the current situation. Currently, we are all in a situation of "survival of the fittest," therefore certain precautions and measures have to be taken in order to keep our country alive. Due to financial hardships, home sellers are turning to for sale by owner in order to save some money, which may be good for them, but for the real estate companies it isn’t looking all that well. For these reasons, real estate marketing websites such as ListingVUE.com are continuing to offer their services at the extremely affordable price of free, it’s websites like this that are taking those extreme measures to stay alive. It’s because of desperate times that many turn to desperate measures, and in a time like this, one must do whatever it takes to survive and live on.