Archive for the ‘Commentary’ Category

Could a “Failing Economy” be Political Hype?

Sure, I know its tough out there. Energy costs, especially at the gas pump, are eating up more and more of our money. And it seems that everywhere we turn the feeling is that we are in a recession.

However, the numbers say something different. For the past 2 economic quarters we have still seen growth in our economy. Sure it was just a small gain, but it was positive. This morning, despite economists expectations of bad news about unemployment rates, the numbers actually showed that umemployment rates fell in April! And all reports earlier late last year said we would not see the real estate housing market return until 2009, but now they are saying 3rd quarter 2008. Personally, I think the real estate market turns the tide this summer nationwide, with Charlotte real estate beginning any time.

So what does this all mean? Is it all just politics? Are we in a recession? Is the sky falling?

I have been saying for months that the sky is NOT falling. Yes, we have seen a down turn in the economy and we are all feeling the crunch. But listening to the talking heads, the politicians, and the news media (which can’t say anything good) you would think we are in another great depression!

So it makes me wonder… how much of this is spin and hype from a big year in politics? How much of this is “Bold Headlines” material, and just how much of it is reality?

For those that do not subscribe to the theory that America is falling away and that our economy is dead, now is the best time to take action. While others are sitting around moping about how bad things are, you are able to take advantage of the market and make big strides. From investments to real estate, the world lays at your feet waiting to be seized!

If you live in the Charlotte NC area for example, you are part of the best real estate market in the country. Charlotte even features the best economy in the nation. So take advantage of your opportunity and stake your claim today.

What do you think? Express you opinion now…

Good Monday Morning Charlotte!

This morning the news is filled with gloom and doom, especially in regards to the economy. Recently Bank of America reported that their earnings were off. They only made over $1 billion in the first quarter! Yeah, they actually made $1 billion and everyone is crying!

Folks, please pay close attention to the media. A major bank makes money and yet the sky is falling! Sure, they projected more and they made less than last year… but with the economy slowed isn’t this to be expected? Look at all the other MAJOR banks that took losses and ultimately closed doors! Isn’t BOA’s $1 billion profit a GOOD THING?

Forget the bad news that the media is pushing.  Take a positive step in your life and don’t buy in to all the negative spin going on. From the economy to politics, there is plenty of negative to grab on to and breathe in. But I challenge you to look for the positive areas in life.. those things that happen everyday and don’t get acknowledged. Its obvious they don’t sell the news and that is a shame.

The Charlotte NC region is strong, with a thriving economy and solid real estate market. If we continue to focus on the positive areas maybe Charlotte can help push the rest of the country in the right direction.

Positive! Let’s focus on the good stuff and leave the garbage at the dump!

Have a wonderful week.

Something to Say? Feel Free to Comment

When this website was first created, in order to comment on the articles you were required to register. This was done to thwart spammers from overwhelming the website. But with additional security and spam guards, I have opened the comments up to anyone that visits the website.

To comment about mortgages in Charlotte, Charlotte mortgage rates or any other article that is posted here, you no longer need to register. Simply add your comment at the end of the article and click submit. Comments will still be moderated to catch spam that might still get through. Once the comment is approved, it will become a permanent part of the article for the world to read.

So please feel free to state your mind and add your opinion! After all, how many times in life does someone actually ask for your two cents?

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To All Local Charlotte Mortgage Companies,

Please accept my sincerest apologies. It has come to my attention that due to my articles and information I am sharing with the general public, you may be losing business. With all the misinformation that has been put online, all the deceptive ads that have been circulated and all the gimicks that you are trying to pass off, it appears you are trying very hard to get customers. Read the rest of this entry »

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It had been a great day. Tina closed the deal of the week and now was ready to kick back and enjoy the weekend. However, after picking her daughter Chloe up from afterschool care, she noticed that Chloe did not look well. As she suspected, Chloe had a fever.

Tina decided to take Chloe to the doctor’s office to be checked out. To her dismay, Chloe has the flu! Somehow, on the way home from the doctor’s office, Tina wasn’t feeling so hot. She felt she too may be feeling bad and most likely also had the flu. And that’s when her illness hit her… hypochondria.

This is much like the financial hypochondria the nation is going through. Read the rest of this entry »

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Zillow Launches Mortgage Marketplace

That’s right! Zillow has launched their long awaited “Mortgage Marketplace.” This not-so-great idea is being billed as a place that consumers can get quotes from multiple lenders without having to provide any personal information.  Spencer Rascoff, Zillow’s chief financial officer and vice-president for marketing claims, “This is a huge step forward in terms of putting borrowers in control and giving them access to information.”

What’s wrong with this, you ask? Read on… Read the rest of this entry »