Posted to: Economy

Ode to the stock market cloud

The stock market went bonkers today.

I hope you aren’t flipping assets.

How does someone who is looking to buy or sell a house decipher what is happening on Wall Street? How will all of this turmoil affect them? Sure, it could, and probably will, mean lower interest rates, but any benefit on the housing market could be shadowed by higher unemployment and a lengthy recession if the credit crisis continues to shake down the economy.

Although the short-term consequences of an unstable stock market are real and uncomfortable, it is time to stop focusing on external noise and start focusing on what counts. I know, it sounds easy. But if Google can launch in a down market, then it is time to put on your boots and start kicking.

Discussion

No comments for “Ode to the stock market cloud”

Post a comment

Welcome to Krista + Rosie, Realtors

Hi friends! We are Krista + Rosie, the brains behind the Krista + Rosie Team. Powered by Abio Properties we are a top producing real estate team working {and having fun} in Berkeley, Oakland and the surrounding areas. From buying + selling to DIY + home decor to plumber + gardener recommendations we are your one-stop-shop for all things real estate.

Recent Posts

Tax Reform and Real Estate: Who Are the Winners and Losers?
January 11, 2018
By Krista Miller
Buying a Home as a Real Estate Agent: Unsolicited Advice for Buyers and their Agents
January 9, 2018
By Rosie Papazian
Client Success Story #202
November 9, 2017
By Krista Miller
Restaurant Review: Juanita and Maude
November 6, 2017
By Krista Miller
Food Drive For The Alameda Community Food Bank
November 1, 2017
By Krista Miller

Archives