The blog is a marketing tool. It attracts potential buyers, like you JES and his other fans who defended him above. Jim is a great guy, smart, honest, has integrity, very knowledgeable. He’s super smart too. Did I mention he is smart… a hard worker. However, he is a salesman, and he is trying to sell real estate. The blog is a marketing/advertising venue for him.
For a salesman, it’s always a good time for a client to buy. So of course the blog is self serving. He’s hoping to get clients. He’s arguing that now is a good time to buy, because 1) we are not that far off the bottom, and 2) when a superior property comes along you should buy it before it slips away, and 3) superior properties don’t drop much in price. I disgree strongly with all 3 of those statements.
For what it’s worth, I recommended Jim to my neighbor who is selling a house, but she had to use her relocation company realtor. If I were selling, I would feel very comfortable with Jim over another agent; he knows how to position a home in a difficult market. I would hire him too for my buyer’s agent, but now is not the time. In 5 years, I would hire Jim to help me find a house. He’s just a darn good realtor. But now is not the time to buy, it’s as simple as that! Now is the time to sell and hold on to your cash. Maybe load up on some gold. All these recent comments from Treasury officials, the debt, and the falling dollar are really starting to scare me. A lot!
