Cramer says so!

This is not a knock on Jimbo. He works way too hard for me to knock him. Who can keep track of all he has to say? That’s the genius of his strategy.

Here is my problem. My wife and I decided to downsize two years ago when we could get unsolicited offers. We had an acre of prime Paradise Valley Real estate and sold OUR HOME in 24 hours. That just should not happen. That kind of market continued on and in Toronto, is still happening. I knew there was a big problem 18 months ago when the exec we sold our house to lost his job A high paying good job. The good news is he made out fine reselling the home, but that scary crunch scenario is playing out now in big numbers. With home prices now falling, thousands of families won’t be so lucky.

It’s just that with the housing stocks down 80 percent and Jim telling me NOW to walk away from my home if it’s declined 20 percent in value, I just cringe. He is freaking me out :) .

Now I don’t watch his videos, so don’t panic, it was just sent to me multiple times.

Gotta hop and check my home price on zillow.com

Disclosure – safely downsized with guard gate to keep out the riff raff