The View from Here, July 2008

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The View from Here, July 2008

Well, we hit soft spot.....very slow for the last few weeks! I'm sensing a shift in things, back to a pre 1998 posture. In 1998, August was the busy month in town, not July. It appears that we may be shifting back in that direction this year. We have many indicators that August will be full, while I can honestly say that July was a write off......

The Gorge Games were a bust. The Conventional Wisdom is that more people left town to avoid the Gorge Games than actually showed up. A far cry from the 1200 athletes projected. They did have some cool events, but those seemed to be the aspirational events, and I'm not certain you can make money on an event that way.

I would have to say that I'm unsure about the Fall, although I'm confident in the long term for Hood River. Bouncy times ahead, though.....tougher than I had hoped, but about what I had expected.............

If you are in the market (and there are alot of you) please know that you can wait for the prices to drop more, but it's more about the motivations of the Seller than anytthing else. Certainly it's a Buyer's market, but let's all not overplay our hands......

Now if we could only find a loan.........

The View from here? Choppy, but improving. No, wait, not improving, I'm just getting more used to the choppiness..............

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