Letters

Letters 06-20-2016

More About Kachadurian Columnist Tom Kachadurian’s recent fit to slash out at the world of science and scientists is just another example of his profound ignorance and shallowness...

Love Wins Wow! Donald Trump scares me! He is a nasty individual who has the one thing that makes him dangerous…money! If he becomes president, the U.S. will be completely destroyed. It is already in serious trouble...

The New Normal Fifty more gunned down. They say it was a gay bar. Remember “saloons” had a connotation of a specific “type” of entertainment. Today, bars are simply social meeting places for all walks of life...

Home · Articles · By Jack Lane

Jack Lane

 
Top Articles from
No articles in this section
Monday, February 23, 2009

The future of real estate in Northern Michigan

Other Opinions Jack Lane I know we’ve all been shaken dramatically by the double whammy of the stock market dive and the real estate market dive. Worse yet, none of this was our fault – we were just playing the Great American Dream the way we were taught. Yet, tens of thousands of dollars have disappeared from our vision of what we thought we were worth.
I have good news for you. This is not the end of times. Most of us will be worth that much, again – and more. There have been nine other pronounced real estate declines in the history of this great country – and, every time, real estate has bounced back in dramatic fashion. This one will have the same result.
If you’re a seller, you hate this market. If you’re a buyer, this is the market you dream of. Keep in mind that most sellers will turn around and become buyers – so, even their dilemma is not as painful as the headlines suggest. Does it suck to be in this position? Absolutely! But whining doesn’t accomplish much. Besides, there is a silver lining to this “crisis,” so let’s have a look at the situation and decide how to proceed:
 
 
Close
Close
Close