Florida Mortgage & Real Estate | "Market" talk…

Listening to the News – Local in Florida or National on CNN, Headline News or MSNBC – you learn that there is a big chasm in the interpretation of “The Market” and what that actually refers to.

NYSE Market Jpeg from Wikipedia To some, “The Market” is a MacroEconomic entity that encompasses all the good and especially the bad from “Sea to Shining Sea”.  It also includes the downturn of housing prices in Florida, the Subprime Mortgage Meltdown, and all things in between. 

Unfortunately, “The Market” should be viewed through a MicroEconomic looking glass if you are really strategizing and analyzing properly.

So when I hear someone say, “Well, due to this market…” I wonder what they’re referring to? 

Could it be just an ignorance of the difference between Macroeconomics and Microeconomics…

Comparing Daytona Beach Florida versus Sebring Florida is apples to oranges but too many people have been slinging mud about “The Market” without realizing how sweepingly generalities as such just prove their own susceptibility to myopia.

So when you hear someone say, “The Market”… figure out which one they are talking about.  The national Morning News generality or the local real estate professional’s local perspective.

Maybe you can tell me now which one is “in the know”.

For more details on this phenomenon, read the full article by following this link -o-> Florida Real Estate & Mortgage | Prognosticating the Market(s)


More Real Estate Industry News You Can Use from
David A. Podgursky, MBA
The Mortgage Go To Guy!
Your Source for Residential and Commercial Mortgage Loans in Florida

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s