{"id":2956,"date":"2008-04-13T06:44:23","date_gmt":"2008-04-13T13:44:23","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2956"},"modified":"2008-04-13T06:44:23","modified_gmt":"2008-04-13T13:44:23","slug":"doom-and-gloom-win-again-real-estate-is-dead","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2956\/doom-and-gloom-win-again-real-estate-is-dead\/","title":{"rendered":"Doom and Gloom Win Again: Real Estate Is Dead"},"content":{"rendered":"

It is now pervasive, whether fact, fiction, miscalculation or a misunderstanding of economic adjustments — doom and gloom has colored our lexicon and everyone’s on board. The “realists” are merely pointing out facts, the politicians are merely offering a big hand to help all the little people in this troubling time, the agents are merely accepting fate, the lenders are merely going broke, the pundits are merely predicting a dour future — it’s over, real estate is dead.<\/p>\n

If you don’t believe it you are an idiot, a Koolaid drinker, a liar, a naive babe in denial or an unscrupulous player preying on the unsuspecting. When someone asks you about the real estate market, tell them it’s dead and getting worse. Tell them there is nothing positive in sight, that it might go for years, decades, a century, who knows, just tell them it’s dead.<\/p>\n

We’re doomed, and gloom is our tomorrow and the next day\u00a0and many after that. Close your doors, lock up shop, sell the Mercedes, real estate is dead. Foreclosures will climb, and after the sub-prime, the leveraged\u00a0will crumble and then the middle will fold and the highest of the high will fall like tin men one and all. No one will be spared, real estate is dead.<\/p>\n

The builders will watch their half-built McMansions sit like\u00a0bones in a graveyard; realtors will be\u00a0playing guitars in the park for\u00a0nickels and dimes; a huge swooshing sound will be heard as the last of the ill winds blow over the rubble that was once a great industry and renters will rule the world and lord over those who once were lords of land. Real estate is dead.<\/p>\n

Brokers and lenders\u00a0will flip burgers or work as\u00a0city clerks while\u00a0builders cut grass and investors shine shoes and players of all stripes sing the blues — real estate is dead.<\/p>\n

Obama will help the least fortunate, but the ones who rode high will meet their just rewards, for, afterall, it was greed that brought us low. In the wasteland of RE\u00a0web 2.0 there will be blogs written by the depressed and dispossessed, mashups showing a combination of sorrow, charts showing Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It is now pervasive, whether fact, fiction, miscalculation or a misunderstanding of economic adjustments — doom and gloom has colored our lexicon and everyone’s on board. The “realists” are merely pointing out facts, the politicians are merely offering a big hand to help all the little people in this troubling time, the agents are merely […]<\/p>\n","protected":false},"author":33,"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":[5,10],"tags":[135,76],"class_list":{"0":"post-2956","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","7":"category-realty-reality","8":"tag-real-estate-satire","9":"tag-real-estate-trends","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":16272,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16272\/doom-and-gloom-redux\/","url_meta":{"origin":2956,"position":0},"title":"Doom and Gloom Redux","author":"Damon Chetson","date":"December 30, 2012","format":false,"excerpt":"In 2008 - four years ago! - I penned a doom and gloom email that Greg posted to this here blog (with my permission). Soon thereafter, he invited me to join as a regular writer. To sum it up, I thought (and still do believe) there is no way the\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1655,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1655\/not-all-neighborhoods-feeling-a-downturn\/","url_meta":{"origin":2956,"position":1},"title":"Not all neighborhoods feeling a downturn","author":"Greg Swann","date":"July 14, 2007","format":false,"excerpt":"This is me in yesterday's Arizona Republic (permanent link): \u00a0Not all neighborhoods feeling a downturn There are neighborhoods in the Phoenix area where the housing downturn is barely discernible. How can that be? News reports are full of doom and gloom stories. Defaults, foreclosures and interest rates are up, with\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1925,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1925\/if-you-assume-the-worst-what-can-you-do-to-get-your-home-sold-now\/","url_meta":{"origin":2956,"position":2},"title":"If you assume the worst, what can you do to get your home sold now?","author":"Greg Swann","date":"September 14, 2007","format":false,"excerpt":"This is me this week in the Arizona Republic (permanent link): \u00a0If you assume the worst, what can you do to get your home sold now?The bay-trees in our country are all wither'd And meteors fright the fixed stars of heaven; The pale-faced moon looks bloody on the earth And\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/26\/cloud-mining-the-news\/","url_meta":{"origin":2956,"position":3},"title":"Cloud-mining the news…","author":"Odysseus","date":"December 13, 2005","format":false,"excerpt":"The Business Journal of Phoenix is first with the news of November's overall appreciation numbers:[T]he median home price is back on the rise. After a decline in October to $259,900, the price returned to the record level of $263,000 set in September.The Business Journal is a boring old just-the-facts kind\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3038,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3038\/its-the-end-of-the-world-as-we-know-it-and-i-feel-fine\/","url_meta":{"origin":2956,"position":4},"title":"It’s The End Of The World As We Know It And I Feel Fine!","author":"Barry Cunningham","date":"April 30, 2008","format":false,"excerpt":"That's great, it starts with an earthquake, birds and snakes, an aeroplane and Lenny Bruce is not afraid. Eye of a hurricane, listen to yourself churn - world serves its own needs, dummy serve your own needs. Feed it off an aux speak, grunt, no, strength, Ladder start to clatter\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"Case Shiller Reort | Real Estate Radio USA","src":"https:\/\/i0.wp.com\/www.realestateradiousa.com\/blog\/wp-content\/uploads\/2008\/04\/endofworld.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10295,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10295\/33-quality-touches-for-real-estate-agents\/","url_meta":{"origin":2956,"position":5},"title":"33 Quality Touches for Real Estate Agents","author":"Mark Green","date":"November 15, 2009","format":false,"excerpt":"In Gary Keller and Dave Jenks' game changing book \"The Millionaire Real Estate Agent\", the authors recommend a \"33-Touch\" follow-up system to stay top of mind with \"mets\". It was actually a brilliant idea - for Keller. \u00a0KW agents immediately began flooding the market with (expensive) calendars, post cards, and\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"Millionaire RE Agent","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2009\/11\/kw-book2.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2956","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\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2956"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2956\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}