In Every Market There is Opportunity - Even Now

Recent housing statistics reveal a downturn, if now an outright recession is more than looming in the nation’s housing sector.  Recent statistics indicate the actual median price of houses is now declining in most regions of the county.

This is significant because over that past 30 years we have not seen this situation in our economy, even in the worse recessions.  Most Americans claim much of their wealth from housing equity.  Now that is shrinking fast.  In our consumer economy, we have come to rely on our houses as our “bank account”, to draw from.  But what happens to the economy when these accounts dry up?  During the great depression actual bank accounts dried up. Today’s “bank account” is not much different.    So does this spell doom and gloom for the economy?  Liquidity is everything in our consumer economy.

Let’s face it, if lenders are not willing to lend, because their investors will not invest in those companies, there is a direct correlation to the overall economy unlike anything we have seen before.  No money – no jobs = no transactions = bad economy.  Even the Federal Reserve may not be able to help this perilous situation.

So what are the solutions?  No one has all the answers, but I feel if we did these things, we can secure ourselves from the effects of this mess.

1.        Learn to eliminate Mortgage Debt, not just refinancing.  Systems developed such as the Living Free and Clear systems (http://livingfreeandclear.com) are excellent ways to reduce the payoff time on a mortgage painlessly.  If you have no debt, you can have less fear, not matter what the economy is doing.

2.       Don’t avoid real estate investing in these times.   The greatest opportunities may exist in this environment.  You do need to think outside the box, and avoid mortgage lenders giving seminars on investing (code for over-borrowing).  Nothing is really free.  Instead learn creative strategies like those taught at http://Creclub.com

3.       Don’t let fear drive your decision.  Fear can be one of the greatest inhibitors to success there is.  Only YOU get to decide what thoughts or limiting ideas will direct your future.  Make the choice to succeed, and you really can.

Get more details on these ideas at the upcoming Leverage Your Wealth Event, get details at http://tjmarrs.com 

T.J. Marrs