The Get Home Denver Team

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photo credit: joshua m. neff

I blame the housing downturn on Election Year politics. OK, I’ve said it! I think the housing “crisis” has less to do with economic factors and more to do with the psychologic state of our great nation.

I concede that the sub-prime mortgage mess was a house of cards that eventually was bound to fall. The housing downturn, unfortunately was the wind that knocked it over.

Now, to the reason we have been ever so slow in the recovery process.

The only thing the main stream media loves more than natural disasters, is politics! Bad news and controversy sell papers and gain viewers. The primary theme for the past 18 months have been War, (Read George W. is worthy of treason for not getting us the hell out of the Middle East) and the downturn of the economy due to failed policies of this President!

Well, it seems the road to recession is paved with good economic news, that main stream media buries in their coverage. The biggest TRUE economic problem we have is the price of oil and gasoline. Most other factors are positive. In fact, the GDP rose an unexpected .9% in the first quarter of 2008.

Prices in the real estate markets are adjusting, or have adjusted, and the only thing preventing a full scale housing recovery is the perception that our economy sucks! A perception that has been coddled by the major media outlets.

Prediction: Once the 2008 Presidential Election is over, the housing market will start to run wild and the big sale on real estate will be over! Whoever wins the election will take credit for the recovery and we will be back to business as usual.

At least until 2012, and the next Presidential Election.

You heard it here first. What do you think?