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JohnLydic Category: Inspirational
Current Grade: A+
Total Views: 739
Member Comments: 2
Posted on: 07/24/2008
Posted by: JohnLydic
Blog Points: 46
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Despite the positive outlook, nobody will be talking about the real estate boom of 2007 and 2008. Instead, they will remember the crash of the sub-prime lenders. The fact is easy financing and refinancing has become harder to come by for the real estate investor. More restrictions, higher credit requirements and lower loan-to-values are a reality.

Despite the nationwide slump, San Antonio remains one of the healthier U.S. real estate markets. The market will correct itself; it always does. And the invaluable sub-prime lenders will be back, in one form or another, as they provide a much too necessary niche in the housing market. In the meantime, San Antonio is arguably one of the best places to be right now for real estate investing.

Moral of the story: Keep doing business, keep doing business, keep doing business. Don’t let the talking heads on the national news keep contributing to a self-fulfilling prophecy.
 
 
 
Current Grade: A+
Category: Inspirational
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RealEstateInvestor

Posted By: RealEstateInvestor on 07/24/2008
Attitude makes a big difference between success and failure no matter what folks in the media like to report.

Wise thoughts John. 

Best of success,
Joel
 
Brian Lucier
Ambassador
Posted By: Brian Lucier on 07/24/2008
Thanks for the post, the market tip, and the trust form John. Have an "A" for the day!

Brian Lucier