The Beginning Of The End

Doomsday!

It's a common theme in films. And, it is the theme in the latest installment of the Terminator series that I recently watched. 

This film brought back Linda Hamilton & Arnold Schwarzenegger for their star appeal.

It was a really well done remake -- of the very first film released in 1984.

Okay, the twist was... No, if you haven't seen it, I won't spoil it for you.

But, with the end of 2020 rapidly approaching, I sure as hell want this year to end.

Sometimes I wonder: How do we get ourselves lock into such horrible trouble as we so often find ourselves?

Okay, the answer is actually really simple: We elect unqualified people to elected office!

Thus, we end up in dire straits. So, we have to live with the consequence of our collective decisions.

With the new year approaching, I am thinking that we are headed into a recession.  (You can NOT give a select few tax cuts & expect economic prosperity.  It never happens.

Remember Ronald Reagan's "Trickle Down?"

Nothing ever trickled down to me.  How about you?

The same is for the recent Trump Tax Cuts.  It's Trickle Down in disguise!

So, since I do NOT have a Crystal Ball, I will just say, my near 30 years in Real Estate gut is telling me we are on time for a Recession, more jobs losses, and deeper economic despair.

Okay, I am a Danny Downer.

But are you prepared for Doomsday!

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!

Vacancies in OFFICE space is overwhelming!

My son had asked me to drive him to his doctor's this morning.

Since this is a slow time of year (at least that's my experience), I picked him up, drove to the doctor's office, and was going to wait for him while he was there.

However, a nurse/nurse's aid came out, finalized some paperwork with him, and politely told me I would have to come back to pick him up.

Okay.  (Change of plans?)

She took my cell number and said they will text me once his appointment is complete.

Since there were chairs in the hall/lobby of the building, I thought of just waiting there.  But, my son said, just go.

So, as I left -- being a (curious) real estate broker -- I thought I'd wander the nice building.

NOT to my surprise, I found it to be about 50% vacant.

Now, if you don't know why this is, take a look around you at just how many people don't believe the coronavirus is real; OR, they think it's just a bad case of the flu.

This virus has hasten more and more office workers to be working at home.

Since a lot of offices are maintained via computer, that frees up people to just stay home, log in, and do any work from there.

Thus, the high vacancies in nice office buildings.

Since I work in Real Estate, I can work from home, too.  I don't need to maintain a high profile office, either.

Curious about Las Vegas Real Estate?

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!

If You Are NOT In Escrow By The End Of September, You Won't Close Any More By Year's End!

Years ago - probably about 29 Years Ago -- the 1st Broker I ever worked for said this.

At that time, he had been a Real Estate Broker for 34 years.  So, I took him at his word.  And, he has been correct ever since. Well, he passed away in 1993, the year I upgraded my license to Broker from Salesperson.

And, ever since those long gone days, a lot of what he advised has proven true.

And, since it is late September, "and I really should be back in school," (Thank You Rod Stewart!), it is getting very, very close to NOT closing another Escrow in 2020.

But, given everything that has happened this year, I still had a pretty good year real estate wise.

Yet, I do believe deep down, we are heading in the wrong direction and the economy is going to take a tremendous hit.

I guess the only thing to do is hunker down, brace yourself and ride out the storm as best you can.

AND, there will be another bunch of homes available post foreclosure in the next 12 months.

So, be prepared -- as the Boy Scout Slogan states!

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!