REO Market Predictions and Observations

I woke up this morning and started looking over all of my favorite business news websites and I saw that the headlines for today was something like…..,

“Economic Growth at a Standstill, Revised Government reports 2nd Quarter Growth Down Sharply”

I get asked often, “who is your business” because, people want to know, is housing recovering. My reply to this question is normally,

“The worse the economy gets, the better my business. I am Bentley shopping have you seen the new Bentley Continental GT?”

Everyone laughs in nervous anticipation thinking I was joking and that any minute now I am going to say something to diffuse the un-comfortableness floating in the air like a lead balloon but, I don’t. My point with my reply is, the economy isn’t growing, it’s not even set to grow. In fact, the economy is actually set to fail and fail big. People are amazed or even combatively when I say these things, it’s almost as if they are walking around in a drug educed stupor with the thought bubble floating over their head that reads something like,

“YES, WE CAN” or “HOPE” and even better, “CHANGE”

The economy reminds me of that scene in the movie Constantine where Keanu Reeve’s character “John Constantine” has a face to face encounter with the angel Gabriel who want’s to make the human race earn the love of God by hastening the coming of Satan’s son. Gabriel explains her madness by elaborating that the human races is capable of such incredible triumphs but, through her years of observing us, she realizes that we only change when we are on the event horizon of total destruction or despair. She goes on further to say, she will bring further our destructions so that we can rise to the occasion and be found worthy of God’s love and grace.

Yes, it’s a sick, crazy understanding of human nature but, what could we ever expect from a being (an angel) who has felt as a 2nd class race for eternity? You need to understand the concept from Gabriel’s point of view. She knows, God has put her and her race as 2nd, in behind humans which in her eyes have done nothing but, thrown Gods incredible grace back in his face whereas, she and the other angels have served and will serve for eternity without such love or forgiveness.

In many ways, this battle that Gabriel struggles with, in the movie, is suppose to be a reflection of the concept of communal grace or collective salvation and manifest destiny.

In other words, Gabriel can’t be saved from these wretched horrible, less than desirable position behind humans unless everyone can be saved and she believes it’s God’s will and that she is doing God’s work and come hell or high water, she is going to make it happen.

Now, let me ask you, do you believe this theology could be present in our current Government leadership?

Yeah, I know….the movie analogy is a bit fanciful and maybe a bit ridiculous but, it’s a good analogy none the less.

Is it possible that our Government is being lead to bring forth fundamental change in the way of transforming our country into a socialist utopia where Government knows best. Is it possible that some in our Government feel it’s their destiny to make these changes and they are doing a good work by following what they believe is God’s will for their lives? Is it possible that some in our Government are working towards this transformation by creating a environment of total destruction so that they can rise up as our saviors and cleanse us of this evil capitalism that we suffer from?

Here is what I know. I know that Franklin Roosevelt announced in a radio program that he believed in a 2nd Bill of Rights, of which, this administration has succeeded in accomplishing a few of those items.

The specific right I want to focus on is “The right of every family to a decent home.”

2nd Bill of Right # 2: The right of every family to a decent home;

Once again, the politicians realized you can’t just give people a home but, you can collapse the housing industry and everyone who has a home and paying a mortgage can keep their homes regardless if they pay or not because, the government can raise taxes, create bailouts or take over banks and simply cancel out the homeowner’s debt at the expensive of the tax payer.

Let’s be clear, the Progressive agenda to move away from our constitution or to transform our constitution has been in the works for a long time. With the Progressive control of the White House and both houses of Government, we are simply seeing a fast forwarding of their agenda.

Make no mistake, you can’t have a housing recovery without jobs and from my point of view, this Government hasn’t done anything to increase jobs. In my opinion, they have done what they can to kill jobs and that leaves me with a question…………..why.

The next time your asked about your business, the next time someone ask you when you think we will recover from this economic crisis I hope you remember this blog, I hope you ask yourself do you really know what is happening in our Government that will forever impact our industry and how we do business.

This isn’t a Republican vs. Democrat argument, this is a Constitution vs. Progressive argument of which, both go to the core beliefs that you may have about this divinely inspired country.

E-mail me when people leave their comments –

Jesse Gonzalez is a highly accomplished and respected real estate professional with a wealth of experience in the industry. With a career over 15 years, Jesse has established himself as a leading real estate sales and marketing expert.

As a licensed real estate agent since 2005 and a broker since 2008, Jesse has a comprehensive understanding of the complexities of the market. In 2013, he founded his firm, Liberty House Realty, LLC demonstrating his entrepreneurial spirit and commitment to delivering exceptional service to his clients.

Jesse's expertise extends beyond traditional real estate transactions. He obtained his Registered Appraisal Trainee in 2019, providing him with valuable insights into property valuation and market analysis. Although he decided to focus primarily on sales, his appraisal background gives him a unique advantage in understanding the intricacies of property values and trends.

With a dedication to excellence, Jesse consistently achieves outstanding results for his clients. Last year alone, he closed over $20 million in sales and received the prestigious Sapphire Award from his local association, recognizing his exceptional achievements in the industry.

Beyond his successful career in real estate, Jesse is passionate about education and personal growth. He is completing his undergraduate degree in Forensic Psychology, with plans to attend Law School in the fall of 2024. Jesse's ambition is to become a real estate litigator, focusing on real estate consumer protection law and advocating for the rights and interests of homebuyers and sellers.

As the owner/operator of the nation's largest social network for REO professionals, <a href="http://www.REOProNetwork.com">www.REOProNetwork.com</a>, Jesse has positioned himself as a thought leader and industry influencer. Through this platform, he fosters collaboration and knowledge-sharing among REO agents, attorneys, asset management firms, and other professionals in the field.

With a commitment to professionalism, integrity, and providing a personalized experience for his clients, Jesse Gonzalez is a trusted advisor and a driving force in the real estate industry. Whether assisting clients with buying or selling properties, he consistently goes above and beyond to exceed expectations and ensure successful outcomes.

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Comments

  • Jesse you have a way of communicating...there is a lot to understanding today's world. Yes, yes, yes "know what is happening in our Government that will forever impact our industry and how we do business." Really I hate politics but there is no ignoring the facts. Thanks another great post.
  • Google "Cloward & Piven" and tell me what you find Jesse? I did some brief research last night and plan to do more this weekend. These 2 people are suppose to be Obama's college professors and his mentor.
  • My sentiments exactly!
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