"It's a Wonderful Life" & The Stock Market

Dear Readers,Customers & Future Customers,

I'ts after Christmas and of course the classic movie "It's a Wonderful Life" with Jimmy Stewart,Donna Reed & Lionel Barrymore will go into the archives until the holiday season comes around again.

Today the stock market closed below what it began at in 2007 wiping out our entire nations economic growth, and it may not be over. Signs of the impending mortgage woes still looming (Sheer amount of fraud still yet to bear it's head; but I'll go into that later)even good news from the government today did not change the downward spiral.

Which gets me to my point,as the credit card hang-overs from the holidays loom, remember the special people in your life. Call five friends tomorrow and tell them how much you love them, like after 9/11. (I had just gotten a job selling 21 day tours through Pakistan, Afghanistan & Northern India...no...I am not joking that is actually true!) The people in your life are important the rest is just stuff and if you were selling tours to Pakistan also or a victim to the tragedy; you would agree its all stuff!

Things are going to get alot tougher out there before they get better but remember if you love your house and your not selling in 5 years stop worring what it's worth, if you weren't planning on selling your stocks keep them or buy more. Ironically with both Real Estate & Stocks people buy,buy,buy, while prices go up, but the time to buy is when it is on sale and going down like you would at any retail store?

So remember the quote from the movie by Mr. Potter(Lionel BarryMore to George Bailey (Jimmy Stewart)"Remember George during the depression you & I were the only ones who kept our heads; you saved the Building & Loan & I saved everything else"

My fascination with "It's a Wonderful life has some other strange twists, I used to work for Xerox delivering paper on a golf cart around the studio and at my lunch on the street depicted in the movie, I thought someday maybe I'll be in a movie (I am now upcoming Hamlet2, and Love Ranch filmed here in NM).

The other Ironic twist is my very first customer and home I ever sold was that of a woman named Mary Hatch (Donna Reeds character in the movie) I love her dearly for allowing me the opportunity to have such a wonderful career, and will never forget what a wonderful lady she was.

Treat your friends to a relaxing stay at:

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Attention Buyers!!!! HGTV is looking for House Hunters for the TV Show!!!!

Return to bulletin board listings

Title: Casting Call: House Hunters (HGTV)
Date: 01-10-2008
Url: http://www.hgtv.com/hgtv/shows_hnt
Info: House Hunters takes viewers behind the scenes as individuals, couples and families learn what to look for and decide whether or not a home is meant for them. Focusing on the emotional experience of finding and purchasing a new home, each episode shows the process as buyers search for a home.

In need of buyers for this show. Buyers must be willing to be filmed for 4 to 5 days in a row.

Date: January 22, 2008
Location: TBD
Time: TBD

Looking for those who are looking to buy a home in the Albuquerque market. People of all ages and types.

Please e-mail: buff5448@aol.com or call Michael at (505) 620-7653


Call me!! I would love to work with you on this project!

Presidential Election

Many of the pundits, journalists, and other reporters about the 2008 housing market have not considered the political climate of this election year so let me be the first. I was one of the first bloggers to speak about the impending mortgage crisis and glad I can warn my customers and others in advance of financial catastrophe, I try to surround myself with the absolute best people in the industry here in Albuquerque like Coldwell Banker & Stewart Title.

My personal opinion about the 2008 housing market slowdown is also do to the presidential election, with the uncertain direction this country might be going customers seem to be holding off making a decision on such a large purchase which is not a good sign for home sellers or home builders. I understand it is not foremost concern, but it is a factor.

We all have concerns about the current economy, but the true reality is the mortgage interest rates are extremely low, even if you are not considering buying a home refinancing into a fixed 15 or 30 year mortgage can save you 1000's of dollars monthly. You can play around with the mortgage calculators on www.BuyaHouseNewMexico.com and determine if this would be a good savings for you.

Call AnaLisa Cordoba at CW Mortgage (505) 379-8722 to see what interest rate you could refinance to today and enter it into one of the 5 mortgage calculators.

But if you are thinking about buying a home call me and I can help you decide if buying a home right now is the proper decision for you. With home prices falling and interest rates low; now is the time to buy a home (I just did in December and sold my old one in 37 days!). Think about it with this example:

Would you go into the Department Store the day after the sale ended, when all the stock has been picked over like during christmas & then charge it on your credit card when they just raised your rate by 10%? No, so you shouldn't buy a house that way either!

Buy houses while they are on sale not when they are going up $10,000 every month like they were last January!


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