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How's The Real Estate Market Going?

By
Real Estate Agent with Hawaii Life Real Estate Brokers R(S)54097

The media loves to spin drama.  The more drama, the more people get suck in and the wheels just keep spinning.  What does the future hold for the stock market and real estate.  Is it really bad, and are we in a nose dive driven by bad news.  One thing I always remember in the last down market was how agents were saying its over, we will never come back.  Guess what it did!.  But things are so bad, okay it's not good.  During the 70's and 80's down market, unemployment was higher than it is now.  Also in the 80's the stock market took a steeper drop.  Okay I would like to do a little spinning of my own.  The stock market has a blue light special going on, and Real Estate hasn't look this good in years.  Rates are below 5%, and for first time home buyers are getting tax credits from uncle.  Did I mention that prices are at a all time low.  So if you are waiting for a sign from the spin masters of media to give you the thumbs up, you might be missing an opportunity.

Steven Nickens R(S),GRI,ABR

THe Wailea Group, LLC

3750 Wailea Alanui, Suite 5WE

Wailea,Maui, Hi 96753

www.nickensmaui.com

Email: nickens@maui.net

Cell: 808-280-2208

 

Posted by

 Wailea Realty

Steven C. Nickens RS-54097  GRI ABR

Hawaii Real Estate Brokers

3750 Wailea Alanui, Suite B-16

Wailea, Maui, Hi 96753

Offices in Wailea, Kihei, Paia, and Kapalua

www.nickensmaui.com

Cell: 808-280-2208

Email:nickensmaui@gmail.com

28 Years Selling Maui Real Estate

Judy Schneider
eXp Realty - Bellingham, WA

How right you are!! I appreciate you enthusiasm. Things are looking better here also. I hope things continue to go well for you!

Apr 25, 2009 03:19 PM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Steve.....we made it thru the last 2 years.......and things here in phoenix are coming back.  Myself and my agents are busier than a one hand paper hanger.  It alwasy pops back.......that is just the way it is.  This time was 'more challening' than the late 80's.......but we figure it out and we're all thriving in a down market.......which isn't so down anymore.

 

Love the Hawaii background............just thought of going to Hawaii today.....can't wait to relax and unwind.

Apr 26, 2009 02:41 PM
Steven Nickens
Hawaii Life Real Estate Brokers - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Aloha Judy,

I think if the media would find something positive to say, maybe the weather.  Just maybe people could do what they do best, is get back to work.

Anne,

That is great to hear about Phoenix.  I know that is one of the places that got hit hard, so to see it turning around is good news for all of us.  I heard that the housing market will be what leads us out of this troubled market. Not the Gov't or stimulus.

Steve

Apr 26, 2009 05:56 PM