Negative News follows Asset Bubble?

Despite the downturn in housing we should think in positive terms:i.e.
1.Downturns in the economy provide people with many opportunities to make money.
2.For Buyers the timing could not be better. With many opportunities to
purchase homes that are either in foreclosure or finding a motivated Seller
who must liquidate to move to another job this is the time to buy.
3.Most of your top investors buy low and sell high. You can be one of them.
4.In a short period of 5-6 years most Sellers saw their home value increase
from 45-85%. The normal for a time period in all the past years has been
4-5%. I'd say that we homeowners should under normal circumstances have
seen our home values go up only 25%. So what's the big deal! Yes we have lost
some of our gain, but look what the stock market has done over the past months.
We have had huge gains in the stock market too. So if these two markets level
off a bit have we really lost any money? Not to mention that we needed a place to
live, we received a tax deduction and we don't have to pay capital gains tax
on our profit up to a certain amount. We are still making money on our homes.

Do we really have a c omplaint? Maybe if you bought in the past 3-4 years.
The rest of us should count our blessings.
So we won't make as much as we once would have. We can't go back 2-3-4 years and
sell our stocks either.

It's time to be realistic and remain positive. This market will not last.
When we look back over the long run we'll clearly see the positive.