Archive for October 2011
The American consumer is not confident. The numbers released today show our consumer confidence at a 2 1/2 year low. The last time the numbers were this low was in the spring of 2009 when we were in a recession. What does that mean you may ask? Well, it means people are worried about their jobs and job prospects. It means people are underwater in their houses and must chose between buying things and paying their mortgage. These choices do not exude confidence.
The flip side of course is that those with solid jobs and confidence are finding incredible deals in housing. They have found desperate sellers whether they are selling short or competing with those that are. It is becoming more frequent to purchase a property that will cash flow with rental income especially in the Seattle area. The Troll is not so sure that this is a good thing with desperate people selling so they can rent, but it is the unfortunate reality.
If you are confident give the Troll a call so that he can help you find a great opportunity in todays’ real estate market. You can also call him if you are interested in refinancing to a historic low interest rate. Or even better, call him to get pre-qualified for the loan that purchases the property that he finds for you. Whether it’s your first purchase or a rental property it’s a great time to invest in Seattle real estate.
The Troll has been watching a new season of youth soccer. His son Trevor Troll is on the SeaGOALS you see and his skills have the Troll thinking scholarship. I can hear some of you saying “yeah sure Troll, he’s only 7 how can you project his athletic success.” Whatever, the kid can play. Like 6 goals in one half play. Like multiple goal scoring streaks play. He’s on a tear. What makes it great is the style with which he does it. He’s a big kid so other kids his age tend to bounce off him. His coach calls him “Big Papi” and his game is pure Troll. If you see a big kid out on the soccer pitch with other kids on the ground around him you might have caught yourself a glimpse of the next Troll prodigy.
On another note Trisha Troll took her first solo bike ride at age 4 yesterday. Since it’s nice this evening we will be taping the first episode of “Trolls on Wheels”. It’s a comedy of course.