Housing and Attitude

Big numbers have come out; existing home sales down 27%, new home sales down 12%, the largest ever in the month of July. The postponement that government intervention with home buying credits and refinancing underwater loans caused is now over. We should have had this fallout last year. Now it is going to continue into 2011 and 2012. This makes me think that we did not move out of the recession as the experts told us. We have been in it all along and the discussion around 'double dip' is misnomer. When there is uncertainty like this that continues year after year, the lenders naturally contract and hold back funds. It is a paradox and can only change at the grass roots level. The government is ineffective when trying to manage it.

In this midst of this, my husband and I have spent a week trying to find a lender on a home we would like to buy in Southern Oregon. I am fascinated by the stories and ignorance among the different lenders' representatives. They err on this side of saying no. We are looking for the open door. It only takes one to say yes.

Use this period in life to see how you want to participate in what the world is experiencing, knowing that as an individual you have a lot of power. It may not appear that way, but know that it is true. The foreclosures continue unabated every week and behind each one is an individual(s) who lost their home. Like your vote, every action accumulates and once the critical mass is reached by enough of us participating, like in this example, the walls come tumbling down. The whole world feels the earthquake.

We need to change our attitude on how we view reality to make a permanent change that will reach the top; the world governments. Again, it's one individual at a time that makes the difference.