August Comment 2007


My July web comment (click link) had the media in a frenzy and my Sales Managers in a lather while I was bonding with prodigal children in the European summer.

The Herald whinged that we were confusing the market saying it was a good time to buy and that we were also advising people to sell.

Looking back on it I thought it was pretty clever real estate speak but the media missed the point.

And at the risk of offending everyone again I’ll repeat myself.

If you are in any way exposed and definitely, if you are over exposed talk to us NOW.

The latest Herald headlines are: “Recession Fears As Stocks Dive”, Sunday Star: “Pain Hits As Value Drops” and you can expect a litany of screaming panic headlines through to Christmas.

It doesn’t help, no.

The reality of finance houses collapsing and talk of a worldwide credit tightening with attendant interest rates marching northwards doesn’t help either.

And if you understand countercyclical buying this is your time.

And if you’re still confused there are two options:
  • Click the little “X” at the top right corner of your screen and we’ll go away.
  • Click “CONTACT US” on the left hand directory and we’ll make it go away.


And we’re so positive we regard this as Spring.

Good luck

MARTIN