Monday Madness – You have Permission!

It’s OK now to forge ahead with your plans:

Yes, go ahead and buy that house. According to the National Association of Realtors (NAR) this is a good time to buy. A new ad campaign says “you’re making a good move” if you buy this year, and that buying a home is the key to ‘long term wealth’. The ad goes on to say “Interest rates are low and buyer opportunities have never been better.”

Sunday’s report by Gerri Willis urges caution, however. She quotes Nicholas Retsinas saying “…but be wary of buying just for profit. … this is probably not a good time.” Ms Willis acknowledges lowered prices and sellers’ prediciments, but then introduces Bruce Marks (not Parks), CEO of the Neighborhood Assistance Corporation of America. He says “To put this ad now … implying that you can generate wealth in a reasonable time frame, is a lie.”

The NAR spokesperson Stephanie Singer responded in a voicemail that the data backs them up.

Gerri Willis is the anchor of CNN’s weekend business program, Open House, a half-hour long weekly real estate show which presents a how-to approach on all things real estate.

In other upbeat news today, the National Oil & Gas Oligarchy (NOGO) says it’s OK to buy SUVs, the China Output Nationalist (CON) says we can buy toys again, and the Sugar Action Protectorate (SAP) says it’s OK to eat sugar. Thank goodness we have these organizations looking out for us!

Those adventurers who wish to take the NAR advice might want to consider these new listings in Lemon Grove:

Yes, these listings have something in common. You can walk from one unit to another once you reach tiny Grove Street. If I remember correctly, there are many more nearby. Chat with the management and natives if you think this area might be good for you. It’ll put you right downtown where you can walk to groceries, post office, library, restaurants and more.

[data from generally reliable sources, please comment on any errors!]