Beltran Properties

October is passing and we are already planning thanksgiving dinner. We are nearing the end of the worst year for most people. Those not on the edge have flurished, and the rest of us have buckled down and survived? We have seen many changes. Living this "recession" does not seem to compare to what we were taught about the "great depression". Some anaylists say that our "recession" is as bad, but it does not seem that way. Is it because of the intervention of the government? Or do you feel that all that did was give the banks capital to invest in the "market" and make them more rich. Either way, the ultra rich prospered, or closed their business, leaving us to suffer.

Enough PMS (P***ing and moaning syndrome) Let's talk about the market. Things are looking up. Prices appear to have stabilized, the banks are still in revenge mode, but properties are selling. Again I say, where were they 3 years ago when the began all this? Credit for most of us has been trashed. Modifications are happening, and credit cards debt is also being addressed. The banks are not stupid, they depend upon the credit card industry for a great profit. There are so many people in trouble, they are trying to work with them now, and not just litigate. There are still affordable homes. First time buyers are benifiting from the $7,000.00 incentitive. So much so, that the real estate industry is trying to get the program extended. If you have not owned a home for at least 3 years, you would qualify for the program. It has been very successful , so write your consressman to extend it.