Monday, January 19, 2009

"I Have a Dream..."

January 19, 2009

This week is a milestone week in the history of the American people. Today is a holiday celebrating the birth of Dr. Martin Luther King, an important leader in the civil rights movement of the 1960s. His famous "I have a dream..." speech delivered on August 28, 1963, has kept alive the hopes and aspirations of America's African American population. Yesterday, millions gathered again on the Washington Mall, not for a protest march, but for a celebration.

Tomorrow, Barack Obama will take the oath of office and become the first African American to be elected to the highest office in our land. We have come a long way in the 46 years since Martin Luther King delivered his historic speech.

In my business, the real estate business, we often speak of dreams; dreams of homeownership and dreams of what the perfect house will look like. These are the dreams that have been overshadowed by the current economic crisis. They probably pale in comparison to the dream of freedom that the civil rights movement espoused, but in part, are one component of the freedom of choice.

The government is struggling to find ways to help folks keep their homes. Homeowners who want to retain their property must be willing to seek the help that the government is offering. Real estate values have cycles. The current one has been downward. If history repeats itself, over time, the cycle will rebound. In the meantime, since human beings need shelter, exploring the possibilities of what is being offered by the government could keep you in your home. If you dreamed of homeownership because you truly wanted to live in a place of your own and it was not just for investment purposes, you may still be able to keep your dreams.

This week is certainly the time to believe in dreams!

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