Hang On To Your Hats...

By
Real Estate Agent with RE/MAX Realty Center

I am amazed at the amount of client inquiries that are surfacing of late.  The phone doesn't stop ringing and the amount of interested buyers are coming out of the woodwork.  I for one am extremely happy about the turn of events from a year ago. 

It seems that there are a number of reasons for this increase in buyer activity.  I, in my opinion, think the reason cannot be attributed to just one event, but rather to a combination of events.   Stimulus???  Perhaps.  Low interest rates???  Perhaps.  Lower prices on all existing inventory???  Maybe.  How about buyer and investor confidence?  How about the simple fact that most believe that an asset such as real estate will have value despite economic times?  Seems there is more optimism being reported by our news casters of late.  There are more people talking up the opportunity that now exists in our country.

Confidence...  this, is what I believe to be the reason for the recent surge in activity.  Now, don't get me wrong, one month of activity does not set a trend.  It is a beginning point however.  A start to whatever lies ahead.  Our entire financial system is based solely on consumer confidence.  Let's help make this confidence happen by our attitude and by what we say and do.   Let's take this opportunity and make the best of it.  Talk up the benefits of home or investment purchases at this time. 

I was watching the Today show yesterday and was pleased to hear what was said by a well-known personality.  She said, for those of us who don't have any money after all expenses, try to get out from under your debt load.  But, for those of us who have been blessed and have good disposable income, go out and spend some of the money.  Take those who are less fortunate than you out to dinner, a movie or whatever.  Help our economy.  Remember, big begets big.  By this I mean your spending habits will help our situation more than you may think.  The more money you spend, the more workers hired or not laid off and hence the additional money earned will eventually wind up in our economy by those individuals spending also. 

I am not suggesting that we all go and spend foolishly as if there were no tomorrow.  Rather, think about what you can and cannot do. Do what you can to help stir this economy.  It is catching and there are more and more reports about a recovery looming just around the corner. 

I for one, am gearing up for one of my best springs since I began this career 6 years ago.  Are you?

Larry Stanul

 

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Larry Stanul

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Rainmaker
61,949
Brent Johnson
Chase International South Tahoe Realty - South Lake Tahoe, CA

Things seem to be warming up around the country (not the weather). I am hoping that my increased on line presence will give me an advantage this spring!

Mar 25, 2009 01:22 AM #1
Ambassador
2,695,602
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

I believe we're seeing a normal Spring uptick in traffic.  Many are looking at rates.  Many are looking at opportunity with lower prices. 

Few sound really confident to me.

 

Mar 25, 2009 01:22 AM #2
Rainer
3,779
Kristen Hall
Jalex Real Estate Services - Shippensburg, PA
REALTOR, Shippensburg Real Estate

We are hoping to see things pick up here as well as we head into spring and summer.  A positive attitude about what is to come is always a good thing!

 

Kristen

Mar 25, 2009 01:26 AM #3
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855,411
Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

I'm gearing up, anxiously waiting for the floodgates to open.  Lots of pent up demand, both in buyers and sellers. Something's gotta give!a

Mar 25, 2009 01:35 AM #4
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514,426
Stanton Homes
Stanton Homes - New Home Builder, with thousands of floor plans and almost unlimited customization available! - Raleigh, NC
Design/Build Custom Home Builder in North Carolina

Two strong reports today - manufacturing index up 3.4% instead of the expected 2% drop.  First positive manufacturing index in 7 months!  Existing home sales up 5% instead of the expected 1% drop.  And retail sales also positive...  It seems we may have turned a corner... and this appears to be felt by investors as well, who have added 20% to the stock market in the past 2 1/2 weeks. 

Mar 25, 2009 01:46 AM #5
Rainer
19,091
Jessica Jones
Sandestin Real Estate - Sandestin, FL
Destin Sandestin 30-A Real Estate

I'm seeing the same thing in Florida. More contracts are coming to the table and more successful closings.

Mar 25, 2009 02:00 AM #6
Rainer
4,302
Adam Nash
Brooks Real Estate, Inc. - Williamsburg, VA

Larry,

Congrats on the increased traffic up your way.  I have been experiencing a much higher call volume here in Williamsburg, VA as well.  Let's hope this thing keeps moving!

Mar 25, 2009 07:46 AM #7
Rainer
16,027
Larry Stanul
RE/MAX Realty Center - Oconomowoc, WI
Larry Stanul

Thank you to all of you who have read and commented on my article.  I too believe in being optimisitic and I choose to believe that we may have a very good spring. 

 

Thanks again.

 

Larry

Mar 25, 2009 10:42 AM #8
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