Keep telling yourself and clients it’s different this time and while your doing that explain to me how Qualcomm / Sony and EVERY industry is not going to be effected sooner or later and start laying people off in droves…
Name one industry that is immune to this downturn for me….
Yea, it’s different this time..here is how..the drop in median price we have seen to date has very little to do with unemployment thus far….but you wait till that effect comes through the pipeline here in the next 6 to 9 months……
no job + no income = no loan mod = more foreclosures
Yea…It’s different this time…it’s going to be a hell of a lot worse and longer….
But I know it’s a great time to buy because prices are down 35%.
