"Hopefully, nothing", some of you might say.  And others may say, "I like his tactics and philosophy."

But if you are you a "contrarian", you and Warren Buffett have a lot in common!

A contrarian is defined as "a person who takes a contrary position or attitude; specifically: an investor who buys shares of stock when most others are selling and sells when others are buying."  (www.Webster.com)

This epitomizes Buffett's investing style.  He puts it succinctly: "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful." (New York Times, 10/18/08).

His approach can be applied to real estate as well as to the stock market - when everyone is selling, it's time to buy and when everyone is buying, it's time to sell.

Practicing that contrarian theory amid the recent market volatility seems daunting; it takes confidence!  But take a look at our local market and your own personal situation and then make your decision. There are people that have to sell right now, so there are some great deals out there.  The market conditions are ideal for first time buyers, move up buyers, and investors.  This is probably the best buying opportunity we'll see for years to come.

Call me with your questions or comments!

Barb
�Bringing You HOME�