Job numbers tell the tale: now is the time to buy a home (NY)

Gee whiz…does anybody out there know how to kill a buzz better than the federal government?

What better way to prepare the folks of America for a festive holiday weekend than, right before Labor Day weekend, dropping the harrowing August job creation numbers on us, as the Labor Department did – like a ton of bricks falling from the sky (or maybe a gut punch from Jack Dempsey).

If the Labor Department was a college kid in Albany, it’d be the kid always playing solitaire and listening to Ravel alone in a dorm room, with sad dopey eyes, and always snitching on kids for making too much noise and complaining when there is about to be some random fun about to happen…

All joking aside, it’s probably a good thing that the Labor Dept. gave us those numbers; because it gives us a chance to truly assess where we are at as an economy, right now, which gives us the ability to analyze and read in between the lines and figure out where the opportunity is.

Drumroll please…

In the month of August, the American economy produced no jobs, whatsoever. Nothing. Nada. Zero. Zilch. Klum. Nul….Not a one.

Of course, with certain, pesky adjustments, there probably would have been a way for the Labor Department to get away with claiming the creation of around 20,000 jobs – but, considering job creation numbers in triple figures earlier in the year, announcing the creation of 20,000 jobs would have been like tossing a pig a bar of soap…

But here’s the thing, folks – and you all know that I have been doing this for 15 years, and that I have helped almost 12,000 families with real estate transactions and that I know everything there is to know about the ins and outs to buy a home (NY) – the thing is that when you can count on a trend with confidence, you can find opportunity. With job creation at a standstill, and unemployment holding steady at 9.1%, there are home owners out there who are looking into their crystal ball and coming to the realization that they cannot any longer sustain the same levels of spending that they were able to handle five years ago.

Their cash flow is limited; their mortgages are underwater; the job prospects are challenging…they need to sell, straight up, and ride out this recession by finding ways to lighten their load. That means deals, folks – which is why I tell everyone who comes to me that now is the time to buy a home (NY).

I get a lot of folks who seem, I don’t know…almost squeamish at the prospect of investing in real estate. They have some kind of strange guilt about moving on a great deal. Of course that’s silly, maybe they just don’t understand that there’s nothing that helps out a struggling homeowner more than the ability to get out from underneath an untenable mortgage, and get some cash in-hand.

If you have had passing thoughts about investing in real estate, or if you are squarely on the fence (‘to buy a home (NY), or not to buy a home (NY) – that is the question’), I think it is time for you to get in gear, because, as the wise men say, “Hesitation is the seed of defeat.”

Get out there and look around. Buy a house in Suffolk County. Buy a house in Nassau County. Buy a house in Long Island, anywhere…Buy a home (NY), and when values pick up down the road (and they will), you’ll be glad you did…

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