Overall, 2008 has seen its fair share of ups and downs. The U.S. economy has plummeted, the stock market is doing poorly, and if you were tuned into the news yesterday you would have known that Time Warner almost lost some of our most favored channels such as Nickelodeon, PBS, etc. to Viacom never to be seen again. They had to come to an agreement before midnight yesterday. Thankfully they did and millions of Americans will continue to enjoy our favorite childhood channels.
Let's also not forget that across the country many families are not sufficiently able to provide for their loved ones, unemployment rates have skyrocketed. The public demanded change and President elect Obama took stage. The year 2009, seems more promising now that the economy needs to get up and running smoothly again. Everyone is anticipating President Obama's promise for change but, amongst all the ups and downs we must find that silver lining.
There are many promising offers at the moment for travel. Trips to Mexico, The Bahamas, Iceland, The Caribbean, and even Ski resorts are more attractive now than ever. Travel is the perfect escape from a harsh reality bordering on depression. Economists are not promising anything but the road ahead is looking pretty bleak. All over the internet you can find cruises and flights to these areas for good prices. Travel and tourism companies in these areas are working with the masses to offer them good deals. Searching for deals on cruises on Carnival.com I was surprised to see how accommodating the prices are. You can find short 3-5 day cruises for as low as $200 coasting the Caribbean, Bahamas, and Mexico with Carnival Cruises. Many ski resorts are also accommodating their prices for this recession knowing that the cost and hassle of carrying around skis on air flights can be a hassle. It is the perfect time to schedule a trip!
Property prices are at an all time low due to a few screw ups by economists and home buyers over the last few years. More houses and properties were bought than could actually be tended to. Many buyers invested their money in real estate thinking they had struck the jackpot and were wealthier than they actually were. When balances were checked much of the money being used to buy these homes was pretty much nonexistent very similar to the situation that occurred at the beginning of the 20th century. With all this in mind it is the perfect time to buy a home. The best advice is to buy only as much as you can afford. With a good credit score between 720 and 760 you can place the down payment on a home of your liking and pay off your mortgage smoothly.
Check out these links for more information:
Perfect Time to Buy a Home
Perfect Time to Buy the Home of Your Dreams in California
What the 2008 Housing Crisis Means to Home Buyers in 2009
The coming of the New Year 2009 has brought with it a fluffy silver lining from which to reap opportunities! Enjoy!
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