Speak Positive About Real Estate Market in Your Town and Do Not Discount Consumer Confidence

In business, we often say that the customer is King and indeed, the consumer is the supreme authority, not only on which products and services they purchase but also on the economy itself. If consumers believe the economy is going well then they will continue to spend, but if they feel poor or they think the economy is tanking or that we are going into a recession, they will stop spending.Consumer economics is fascinating, especially the “consumer confidence” which appears to be 1/3 of the performance of our GDP. At the Online Think Tank, we follow it all very closely, especially right now – sinking dollar, subprime fallout, retail Q4 results, toy imports, auto sales, small business VS. box stores, etc.In the real estate sector, it is particularly important to have a strong consumer confidence level in the economy and the housing markets. The housing real estate market will rebound much faster if people have confidence in the real estate valuations and believe they will go back up. If homebuyers do not believe that the real estate prices will go back up then they will create a self-fulfilling prophecy and that is exactly what will happen.This is why it is very important for government officials, economists and the Fed to put a good spin on the future prospects of the economy and the housing market. If the stock market, real estate industry and consumers believe that this market downturn is only a short-term problem, then the problem will be over shortly. Some folks have criticized the Bush Administration’s plan to shore up the free fall of foreclosures and lack of confidence in the housing markets.Anything that the Bush administration or government can do to return the confidence is all good and even a mere public relations strategy is worthy of note. Having lenders and consumers talk to each other and giving everyone a brief timeout to prevent a landslide of foreclosures in the first half of the year of 2008 is a good thing. Currently, we all know that there is a lot of supply of homes for sale on the market and the prices are depressed and soft. Saying we are in a buyer’s market is somewhat of an understatement right now.Many buyers who are interested in buying a home are holding off or they are making completely lowball bids and each home seller, who takes such an offer helps drive the prices in the neighborhood down even further. This creates more homeowners who are upside down in equity that are willing to walk from their properties and leave the bank with the problems, thus putting more homes on the market – times about 3 million, which is predicted to happen in 2008.The best thing Real Estate Professionals, Federal Reserve, Bush Administration, Wall Street Analysts and Economists can do, is to explain rationally what is going on and help return the confidence to the market by staying positive – that’s true leadership. The real estate market goes through cycles and this is no surprise as every industry sector goes through rotations. At the top of the bubble there were obviously lots of deals going on based on irrational exuberance and when that balloon popped, the bottom dropped.If you are a real estate professional, I advise you to dump the negativity and start talking up your neighborhoods and communities. Talk about why you live in such a great area and why there is still demand for homes in your city. This is the best thing you can do to help the market return. It is time that all real estate professionals become part of the solution and not part of the problem. This is definitely something to contemplate in 2008.I would please like to have your “Personal Commitment” in writing below, by way of a comment stating that you will pull your weight in your market to help the residential real estate market return. This is serious and if you are not going to help solve the problem, then maybe you should find another profession? What say you?

The Significance of Pure Air Inside Your Home

Have you ever climbed up mountains? If so, what do you do when you reach the top? Most people open their arms, close their eyes, and take a deep breath. That is the special thing about clean and fresh air. You feel like taking a pause and inhaling fresh air. Over the past year, we have faced several waves of coronavirus. These days, we have been warned about another wave of this virus. Therefore, the importance of clean air has been increasing day by day. In this article, we are going to find out why air quality is important when it comes to our indoor environment.

The impact of pollution on your indoor air

No matter where you go, you will have to face the consequences of poor quality. Even if you are alone in your home, you will still be prone to polluted air. Every year, more than 1 million people lose their life because of air pollution.

According to some reports, India is among the top 10 countries in the world with the worst air quality. The effect of polluted air is more evident as people spend over 90% of their time inside their homes. Another research study found that residents are at a greater risk of covid-19.

As a matter of fact, indoor air pollution has become an international concern. We can say that pollution levels inside and in closed spaces are up to five times higher. Since most pollutants are not visible to the naked eye, you may not be able to aware of the dangers of dirty air.

Indoor air pollutants may be generated by common household items, such as cleaning agents, cooking fuel, furniture polish, pet dander, and paint. Apart from this, domestic appliances such as refrigerators and heaters may also be the common source.

Since homes are not airtight, air pollutants can easily get in. For example, smog, smoke, mold spores, and dust can get into your house through your windows or doors. Air conditioners can be used to cool down your rooms. But the downside is that they can also boost the movement of pollutants across your house.

What can you do to purify your indoor air?

Basically, air purifiers are simple devices that receive dirty air and put it out after passing it through powerful filters. Nowadays, you can choose from hundreds of air purification units available in the market. They are based on a wide range of technologies. They are available in different sizes to cover rooms of different sizes.

Nowadays, most types of air purifiers depend on HEPA technology. Initially, this technology was introduced in the 40s in order to capture pollutants from the air. Although these filters have been used for the filtration of particulate matter, they may not be that effective when it comes to eliminating volatile organic compounds.

Therefore, if you are worried about your health, we suggest that you invest in a type of device that comes with a HEPA filter. With these units, filtering your indoor air will be a piece of cake. Therefore, you can count on these devices to and ensure clean air inside your house.