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Boomer Category: Inspirational
Current Grade: A
Total Views: 600
Member Comments: 1
Posted on: 05/17/2008
Posted by: Boomer
Blog Points: 557
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Real estate entrepreneur and $100,000,000 deal maker Ken Wade has ridden in the front car of the real estate roller coaster through all three market cycles in the past 30 years, and he’ll tell you that today’s housing market is perfectly normal. There’s no nationwide housing crash, he says. But a media obsession with a few markets is driving negative market psychology -- and prices -- into the ground.

Just the Facts
In reality, Ken,  a Harvard educated entrepreneur and accountant, says that what we're seeing isn’t an economic catastrophe, but the natural cycle that moves the market. He recently crunched some intriguing numbers about the U.S. housing market, which prove that the sky isn't falling -- not everwhere, in any event. Between Q1 2002 and Q1 2006, widely considered to be the peak years of the housing boom, Ken reports the following data: (Visit GaryBoomershine.com for the rest of this awesome story.)

Current Grade: A
Category: Inspirational
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Bogie

Posted By: Bogie on 06/04/2008
Interesting story but I wonder about the science....