CNBC is on. I don't know why I watch it anymore. I guess it makes me laugh.
Oh, there was a time when I watched it professionally. Back in my days as a stock broker and then as a stock trader. I used to do probably 10 trades a day. On average.
Back then, the show gave me some companionship in a fairly lonely career.
I watch it now as more of a habit. Yes, it is probably helpful. I like to stay up to date, and with real estate in the news as much as it is, there is a lot of information provided.
I guess it helps me understand what the OUTSIDE WORLD is thinking. You know, the normal people. I mean the non-realtors.
So I was watching a moment ago. Oil up another $1.50 today. Up to $118.
Two years ago it was a big deal when it cracked $50.
So we are looking at $4 per gallon gas, home prices are down over the last two years, and home sales volume down 29.5% year over year.
Lots of realtors hanging on hoping for better times. Too many fighting over a shrinking pie.
Sellers scared to sell. Buyers scared to buy.
THE PERFECT STORM for real estate agents.
Wow. Is there anything other industry under more fire??
Well, I guess it could be worse. I could drive a cab.