My Life as a Realtor!

Hi again. I've got the stats for the State of UT. If you want them then you have to ask! We had several spots with a deprecation and many with appreciation! Sandy went up by 19%! Isn't that awesome?

I subscribe to many different RE publications so you don't have to. I will always try to give you the most updated information that I can find! If you have any questions, please call me!

Here is a forecast from Adrian Van Eck's Mortgage and Property Hotline.

AS YOU NO DOUBT HEARD YESTERDAY EVENING OR AT LEAST WHEN YOU AWOKE THIS MORNING, THE HOUSE OF REPRESENTATIVES EARLY LAST NIGHT FINALLY PASSED THE BIGGEST HOUSING AND BANKING RESCUE PLAN SINCE THE 1930'S. BOTH THE SENATE AND THE WHITE HOUSE HAD EARLIER AGREED TO THE TERMS OF THE BILL IN WHAT BECAME A GRAND COMPROMISE. IN A BILL LIKE THIS ALL DEBATE IS STOPPED. IN ITS PLACE THERE IS AN AGREEMENT THAT GOES LIKE THIS: YOU TELL ME WHAT YOU WANT IN THE FINAL BILL AND I WILL ADD IT IN. IN RETURN I WILL TELL YOU WHAT I WANT IN THE FINAL BILL AND YOU WILL ADD IT IN. I PROMISE NOT TO TOUCH A WORD OF WHAT YOU WANT ADDED IN.

THIS IS THE WAY THINGS HAVE BEEN DONE IN WASHINGTON, D.C. SINCE THE EARLY DAYS OF THE FEDERAL REPUBLIC. (THE ONLY TIME AMERICA STOPPED FORGING GRAND COMPROMISE BILLS LIKE THIS, THE UNION BROKE APART AND A NEARLY FOUR-YEAR LONG CIVIL WAR RESULTED. THAT EXPERIENCE TAUGHT POLITICIANS THAT IT WAS BETTER TO SWALLOW SOME THINGS THEY DID NOT LIKE IN ORDER TO GET SOME THINGS THEY DID LIKE. PRESIDENT FRANKLIN D. ROOSEVELT, WHO HELPED MAKE THE FEDERAL GOVERNMENT BIGGER AND MORE POWERFUL, CALLED THIS PROCESS LOG-ROLLING. THIS EXPLAINS HOW A GOVERNMENT THAT STARTED OUT SO SMALL AND SIMPLE AND INEXPENSIVE IN 1789 HAS GROWN TO BE SO BIG AND COMPLICATED AND COSTLY IN 2008.

I EXPECT THAT THE SENATE WILL SPEEDILY VOTE AYE AND THE PRESIDENT, AS HE PROMISED IN RETURN FOR GETTING WHAT HE AND THE TREASURY SECRETARY WANT FOR FANNIE MAE AND FREDDIE MAC, WILL ADD HIS OWN SIGNATURE TO THE BILL AND TURN IT INTO LAW. I ASSUMED ALL THIS WOULD HAPPEN, SO I STAYED UP LATE INTO THE NIGHT YESTERDAY AND RESEARCHED THE VARIOUS DRAFTS OF THIS BILL, STUDYING ALL THE ITEMS GRAFTED ON SINCE IT BEGAN TO TAKE SHAPE IN CONGRESS WEEKS AGO.

NOT THAT IT MATTERS AT A TIME LIKE THIS, BUT I THINK YOU KNOW BY NOW MY OWN SENTIMENTS REGARDING THIS GRAND COMPROMISE OF 2008. I HAVE STUDIED THE ACTUAL SITUATION IN REAL ESTATE AND BANKING FOR MANY WEEKS, AND RECENTLY I REALIZED THAT WE WERE QUITE CLOSE TO AND MAY HAVE IN SOME REGIONS OF AMERICA HAVE ALREADY REACHED A NATURAL BOTTOM IN THE RECENT TROUBLES. IN OTHER WORDS, IF THIS WAS NOT A PRESIDENTIAL ELECTION YEAR OR ANY ELECTION YEAR AT ALL, EVENTS MIGHT HAVE BEEN ALLOWED TO MUDDLE THROUGH TO A BASE AND TURNED UP ON THEIR OWN.

YES, THERE WOULD HAVE BEEN MORE PAIN AS WE RUSHED TO THE DAY OF JUDGEMENT. SOME BANKERS AND MORTGAGE LENDERS WHO WERE RECKLESS AND EVEN FOOLHARDY IN THEIR CONDUCT WOULD LOSE THEIR JOBS AND EVEN SEE THEIR CAREERS IN FINANCE TERMINATED. SOME SHYSTER TYPES WHO CUT CORNERS TO MAKE AN EXTRA BUCK OR TWO WOULD BE EXPOSED AND HUMILIATED AND WOULD FIND IT HARD TO ATTRACT NEW SUCKERS. SOME OF THEM MIGHT EVEN GO TO JAIL. SOME DEVELOPERS AND BUILDERS WHO SHOULD HAVE KNOWN BETTER BUT WHO ALLOWED SPECULATORS TO SIGN UP FOR TWO OR THREE OR FIVE OR MORE SINGLE-FAMILY HOMES OR CONDOS BEFORE THEY WERE EVEN STARTED, THINKING THAT BY THE TIME THEY WERE FINISHED THEY COULD FLIP THEM AT INFLATED PRICES AND MAKE LOTS OF EASY PROFITS, WOULD FINALLY PAY THE PRICE AND POSSIBLY EVEN GO BROKE.

ANOTHER 400,000 OR MORE HOME BUYERS – SOME OF WHOM SIGNED UP FOR VERY EXPENSIVE MCMANSIONS WAY ABOVE THEIR INCOME LEVEL, THINKING THE HOMES WOULD KEEP GOING UP 20% A YEAR IN PRICE AND BY NOW COULD BE SOLD, MAKING THEM A 50% PROFIT - AND ALSO MANY PEOPLE THAT WERE RECRUITED FROM WELFARE ROLLS AND INVITED TO BUY THEIR FIRST HOME, WITH NO ABILITY OR EVEN INTENTION TO MAKE MORTGAGE PAYMENTS FINALLY WOULD HAVE RUN OUT OF TIME. BUT NOW LOBBYISTS AND POLITICIANS HAVE COMBINED TO WIN FEDERAL MONEY TO TURN THE CLOCK BACK AND RESCUE ALL OR MOST OF THE PEOPLE DESCRIBED HERE.

I NOTE THAT LATE NIGHT TRADING IN A LIST OF STOCKS SHOWED THE GRAND COMPROMISE IS BEING WELL RECEIVED. SO MAYBE WE CAN ALL STOP TALKING ABOUT A NEW DEPRESSION AND FACE UP TO THE FACT THAT THERE ARE NOW MANY POSITIVE ELEMENTS IN THE WORLD OF REAL ESTATE AND BANKING, EVEN WITHOUT WASHINGTON'S HELP. FOR ONE, THE SURGE IN EXPORTS IS BRINGING MANY BILLIONS OF DOLLARS INTO AMERICA AND THIS IS ACTING LIKE A MASSIVE BLOOD TRANSFUSION. MORE NEXT WEEK HERE AND IN OUR UPCOMING MONTHLY LETTER. ADRIAN VAN ECK.

This is some great information for anybody! I also subscribe to edsforecast.com. here is what I got from him!

Should I Buy or Rent? Should I Sell my House and Move Up?

You can ask just about anyone these days whether it is a good time to buy or sell and if they are not an experienced investor they will say it is best to hold off since most markets are slowing or decelerating. Well I am the first one to say this is absolutely incorrect and a very dangerous assumption. It is an assumption that costs a prospective buyer a LOT OF LOST MONEY. So to convince anyone who is a skeptic, I decided to provide a financial calculator that displays easy proof on how a delay in purchasing is almost always costing you. USUALLY A LOT OF MONEY... Hundreds of Realtors are using this calculator on edsforecast.com. This really is an eye opener.

http://info.edsforecast.com/Newsletters/0708buyvsrent.htm

Best Regards,

Ed Ross, Best Selling Author, and president of Edsforecast.com

I hope you enjoyed the read! I hope to have more next time for you!

Here are the quotes!

"Before everything else, getting ready is the secret of success. "
-- Henry Ford, automaker

"Success is the maximum utilization of the ability that you have."
-- Zig Ziglar, Motivational Speaker

"My interest is in the future because I am going to spend the rest of my
life there."
-- Charles Kettering, Social Philosopher

"If everything seems under control, you're just not going fast enough."
-- Mario Andretti, Car Racer

"Kind words do not cost much. They never blister the tongue or lips.
They make other people good-natured. They also produce their own image
on men's souls, and a beautiful image it is."
-- Blaise Pascal, Writer

"You may not realize it when it happens, but a kick in the teeth may be
the best thing in the world for you."
-- Walt Disney, Animator, Film Producer

"Practice doesn't make perfect. Perfect practice makes perfect. "
-- Vince Lombardi, Football Coach

"No one can cheat you out of ultimate success but yourself."
-- Ralph Waldo Emerson, Poet

"An amazing thing, the human brain. Capable of understanding incredibly
complex and intricate concepts. Yet at times unable to recognize the
obvious and simple."
-- Jay Abraham, Marketing Expert

"Nurture your mind with great thoughts for you will never go any higher
than you think."
-- Benjamin Disraeli, 1st Earl of Beaconsfield

"Goals are dreams with deadlines."
-- Diana Scharf Hunt, Author

If for any reason you are unhappy with the content on my blog, please call me!

Check out my name on Google Brian E. Betts Thank you so much for you trust and loyalty!

All "Betts" on Brian! The only Realtor you want!