Friday, March 26, 2010

Hold on, it's not over yet....

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Everywhere I turn, there is a feeling of anxiety in the air. Let's put politics aside (as this blog is not about that). No matter where you stand on Healthcare issues and government involvement .. all sides can agreed more taxes and changes are on the horizon. Things seem to be shaping up to get worse before they get better.

I have heard from many that Florida is going to be the last state to recover, mostly due to our last decade of dependence on construction, lending  & the massive migration of people who decided to make Florida home. Now with the massive exodus out and the real estate bust.. I hear that Orlando, where I live was hit the hardest.

Trulia, this great site for all sorts of real estate factoids emailed me yesterday to let me know my house value has dropped 20% since January 2009. This is alarming since I bought the house in January 2009 and put 20% down and realize I am probably under water, with the recent appraisal of my neighbor's home.

So I wonder what steps we can take to improve our own lot in life? For me, I am "rebranding"  myself and working to become indispensable to my employer.

So take a gander at this latest news article. It's shouldn't be surprising Florida's unemployment rate is at 12.2pts and climbing. The ripple effect is quite scary. I think it's time for me to plant a garden and try to refinance my house!


http://www.sun-sentinel.com/business/fl-unemployment-february-20100326,0,4358873.story





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