{"id":2312,"date":"2007-12-03T13:06:32","date_gmt":"2007-12-03T20:06:32","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2312"},"modified":"2007-12-03T13:00:46","modified_gmt":"2007-12-03T20:00:46","slug":"the-odysseus-medal-we-can-see-the-bottom-through-clearing-water","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2312\/the-odysseus-medal-we-can-see-the-bottom-through-clearing-water\/","title":{"rendered":"The Odysseus Medal: &#8220;We can see the bottom through clearing water&#8221;"},"content":{"rendered":"<p>Actions have consequences. When we became a group weblog, I set my sights on the very best writers. We haven&#8217;t recruited actively until recently, but, even so, a lot of the most talented voices in the RE.net have ended up writing here. Three of this week&#8217;s short list of thirteen nominated posts came from BloodhoundBlog, and I cut mercilessly to get down to three. Worse (better!), four more of the thirteen were written by BloodhoundBlog contributors working from their home weblogs. And this week &#8212; for the first but probably not the last time &#8212; all three winners come from the Bloodhound kennel. I would apologize for that, except that would require me to apologize for having the wit to pick out good writers in the first place!<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/WinnerTheOdysseusMedal.jpg\" align=\"left\" hspace=\"6\"\/>All that said, The Odysseus Medal this week goes to Brian Brady for <a href=\"http:\/\/www.mortgageratesreport.com\/2007\/11\/27\/2008-housing-market-outlook-for-u-s-investors\" target=\"_blank\">2008 Housing Market Outlook For U.S. Investors<\/a>:<\/p>\n<blockquote><p>While astute investors will have a virtual plethora of homes to buy, in the first half of 2008, they shouldn&#8217;t be PAINFULLY picky. Investors should be judicious but painfully picky is a sure-fire way to ensure that no deal will ever make sense. The shift in housing next year will put an upward pressure on rents, over the next five years, as <a href=\"http:\/\/www.census.gov\/hhes\/www\/housing\/census\/historic\/owner.html\">the percentage of home ownership declines from its national high<\/a>. It is conceivable, in the transition markets of Southern California, Arizona, Nevada, and Florida, that rents could rise as much as 20%, in the next five years, as those former homeowners lease homes. <strong>The long-term fundamentals of these markets still make sense<\/strong>. More people move to those locales than leave each year so steady population growth is on an investor&#8217;s side.<\/p>\n<p><strong>While the forecast for 2008 is grim, there are silver linings amidst this black cloud.<\/strong> Investors will have opportunities to own great properties if they understand that while we may not be touching the bottom, we can see the bottom through clearing water. Investors should analyze property investments and consider purchase offers with both economic and utilitarian values in mind. In the aforementioned Phoenix example, digging your heels in and proclaiming that &quot;<em>the <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2312\/the-odysseus-medal-we-can-see-the-bottom-through-clearing-water\/#more-2312\" class=\"more-link\">Read more<\/a><\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Actions have consequences. When we became a group weblog, I set my sights on the very best writers. We haven&#8217;t recruited actively until recently, but, even so, a lot of the most talented voices in the RE.net have ended up writing here. Three of this week&#8217;s short list of thirteen nominated posts came from BloodhoundBlog, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,3,6,5,23],"tags":[],"class_list":{"0":"post-2312","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-blog-carnivals","7":"category-blogging","8":"category-marketing","9":"category-real-estate","10":"category-the-odysseus-medal","12":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1756,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1756\/vale-carne-vale-recasting-the-odysseus-medal-as-a-carnival-of-real-estate-weblogging-excellence\/","url_meta":{"origin":2312,"position":0},"title":"Vale, carne vale: Recasting The Odysseus Medal as a carnival of real estate weblogging excellence","author":"Greg Swann","date":"August 6, 2007","format":false,"excerpt":"I'm pretty fed up with the Carnival of Real Estate. It is what it is, and there have been times over the past year when it has blown tender kisses toward the sublime. But much too often it has chosen to rut around in the mud, and, in any case,\u2026","rel":"","context":"In &quot;Blog Carnivals&quot;","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1835,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1835\/easy-nomination-form-for-the-odysseus-medal\/","url_meta":{"origin":2312,"position":1},"title":"Easy nomination form for The Odysseus Medal","author":"Greg Swann","date":"August 22, 2007","format":false,"excerpt":"I built a quick and easy nomination form for The Odysseus Medal competition. You can continue to use the BlogCarnivals entry form, but I put this together to make it easier to nominate posts written by other people. The form lives at the top of The Odysseus Medal information page,\u2026","rel":"","context":"In &quot;Blog Carnivals&quot;","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1907,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1907\/last-call-for-odysseus-medal-nominees\/","url_meta":{"origin":2312,"position":2},"title":"Last call for Odysseus Medal nominees","author":"Greg Swann","date":"September 9, 2007","format":false,"excerpt":"I changed the graphic at the top of the page for the better part of last week, an homage to Kris Berg's excellent post, but I don't think anyone noticed. We have a bunch of great entries for The Odysseus Medal, but only you know what we're missing out on.\u2026","rel":"","context":"In &quot;Blog Carnivals&quot;","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1961,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1961\/dont-forget-to-nominate-the-posts-you-love-most-for-the-odysseus-medal-competition\/","url_meta":{"origin":2312,"position":3},"title":"Don&#8217;t forget to nominate the posts you love most for the Odysseus Medal competition","author":"Greg Swann","date":"September 23, 2007","format":false,"excerpt":"I've been occupied by matters funereal, but life goes on. The deadline for Odysseus Medal nominations is today at 12 Noon PDT\/MST. If you know of something worthy of recognition, your own work or someone else's, nominate it now while it's on your mind. Technorati Tags: real estate, real estate\u2026","rel":"","context":"In &quot;Blog Carnivals&quot;","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1926,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1926\/deadline-looms-for-odysseus-medal-competition-act-now-or-weep-incessantly-sunday-afternoon\/","url_meta":{"origin":2312,"position":4},"title":"Deadline looms for Odysseus Medal competition: Act now or weep incessantly Sunday afternoon","author":"Greg Swann","date":"September 14, 2007","format":false,"excerpt":"There are already a couple dozen nominees for this week's Odysseus Medal competition. What are we missing? Only you know for sure. The deadline for nominations is Sunday at 12 Noon PDT\/MST, but if you know of something orbiting the skirts of perfection, your own work or someone else's, nominate\u2026","rel":"","context":"In &quot;Blog Carnivals&quot;","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2216,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2216\/day-of-the-delay-of-the-odysseus-medal\/","url_meta":{"origin":2312,"position":5},"title":"Day of the delay of The Odysseus Medal . . .","author":"Greg Swann","date":"November 12, 2007","format":false,"excerpt":"I'm getting ready for the BloggerCon event at the NAR Convention and I've run myself out of time. I'll post the judging for The Odysseus Medal tomorrow morning. I'll leave the voting open for The People's Choice Award until I'm ready to post. In the mean time, although I've shown\u2026","rel":"","context":"In &quot;Blog Carnivals&quot;","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2312"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2312\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}