The other has lead at other times.I was mostly pointing out how two people can report two markets that are within driving distance and the markets are rather different or are perceived to be so.John Corey

Determine where your money is going and how come you don't have any cash.Without doing that, buying what you perceive as "bargains" today is just going to compound your current problem.

The rate cut will have a psychological effect more than anything else but it will do little to solve any perceived mortgage crisis.

As you are a not a multi-national some of the perceived benefits will have no value.Originally posted by "loki005":2.

Just a word of caution - in Real Estate Investing, sometimes perceived "mentorship" can translate into 'high energy motivated less experienced person gets taken advantage of."

Or, “So, what do you do all day”… Or, “It must be nice getting those big checks”… funny the things they perceive to be what is involved…They don’t see me writing fat checks all the time to make things go, or spend nights and weekends working, firing contractors, all of the things it takes to be successful.

The idea is that if you are acting in any way that may be perceived as an agent then you have a responsibility to take reasonable care of your client, even if they aren't your client.

It seems even faster the last few days, but that may more perceived than real.

There are still buys, but I perceive competition has continued to pick up since my last buy 12/1/11.

As soon as people start talking the 'perceived value' jumps and people start overpricing junk houses (and idiots buy them).