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Seeing is Believing - Reflections from our Road Trip

By
Real Estate Agent with Long & Foster Real Estate, Inc.

Interstate 80 - istockphoto.comMany of you live what I saw in the days since I last visited ActiveRain, so this won't be news to you.

It was quite a moving experience for me and my husband, however, to see for ourselves the signs of our economy as we drove across several states to a family wedding.  Apparently we're more isolated from the real world than we realized, living so near our Nation's Capitol where our Federal Government is the primary employer.

No wonder our country's so-called leaders don't "get it" if their exposure to the real world is limited to D.C. and the airports in their home states.  They should try driving!

After traveling across a beautiful stretch of Maryland along Interstates 32 and 70, Larry and I drove across Pennsylvania and Ohio, through Indiana and Illinois, and finally to our destination of Milwaukee, Wisconsin.  Along the way there and back, we took a few side trips off the Interstate - something we enjoy doing now that we no longer have a car full of kids.

 

Closed

 

The first disturbing thing we noticed was a vast empty parking lot at a huge manufacturing facility... and then  another... and another...   We couldn't help wondering how on earth our economy could absorb all the employees who used to park there, not to mention the other businesses which provided related services.  How will these families make their rent and mortgage payments, or even put food on their tables?

After a while we realized how many other businesses were closed... stores, restaurants, auto dealerships, and entire shopping centers... even entire blocks.  In fact, we drove through block after block after block of closed buildings and no sign of a single human being or stray dog in one city.  We commented that it looked like a movie set in a scene showing the world after a nuclear attack wiped out all life.  Even in the re-developed area of the same city, the numbers of people on the streets and in the restaurants and stores paled by comparison to similar areas near D.C., Baltimore and Annapolis, where we live.

ClosedLarry and I wondered out loud how high the number of "for sale" and "for lease" signs would have been, had we started counting them in the beginning of our trip.  Perhaps over a thousand.

Then it dawned on us that we had not seen a single "sold" sign.  No, really, we don't remember seeing a single one!  Not in front of a commercial building, home, or vacant piece of land.

Except for the beautiful wedding we attended, we didn't see much "HOPE" during this trip - and we didn't like the "CHANGE" we saw since our last road trip.

The next time I hear or see unemployment figures in the news, I'll picture all those closed businesses and "for sale" signs between Maryland and Wisconsin.

Seeing IS believing!

 

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Margaret Woda's blog footnoteMargaret Woda is a licensed Associate Broker in Crofton Maryland.  She specializes in serving the real estate needs of home owners and home buyers in Anne Arundel, Howard and Prince George's Counties, Maryland, including Fort Meade, Andrews AFB, and the U.S. Naval Academy.  If you enjoyed reading this post, check out Focus On Crofton and Your Online Relocation Package for Anne Arundel County.  

 

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This infoMargaret Wodarmation was provided to you by Margaret Woda, an Associate Broker with Long & Foster Real Estate in Crofton Maryland. Contact Margaret today for general real estate information or to learn how she can help you buy or sell a home in Annapolis, Bowie, Crofton, Davidsonville, Gambrills, and Odenton. 

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Comments(63)

Chris Olsen
Olsen Ziegler Realty - Cleveland, OH
Broker Owner Cleveland Ohio Real Estate

Hi Margaret -- I lived in DC for 20 years up through 2002 and moved to Cleveland Ohio and I can absolutely agree with you that DC is fantasy land compared to most parts of the country.  Not that DC doesn't have its own set of issues with sky high real estate prices, massive gridlock and commuting, kids in trailers for schools due to massive overcrowding, and the like.  Stark differences indeed.

Jun 09, 2009 04:45 PM
Robin Dampier REALTOR®
Coldwell Banker King - Hendersonville, NC
Hendersonville & Western NC Real Estate Source

Thanks Margaret for a thought provoking post as to the course this great country no longer just "seems" to be taking but is taking.  Personally I don't care for the Administration or Congress's road map!  I think it's devastating for the citizens who voted all these folks in.  Change?  YES!  But this is certainly NOT achange I could vote for.  For those isolated folks who haven't experienced it -- as yet -- many state governments are now experiencing huge deficits as they attempt to cut programs, etc to try to come up with viable budgets.  It will also be very enlightening to see how the administration will cope with the trillions of dollars of spending deficits and live up to campaign promises of the infamous "I will not raise taxes on anyone earning $250K or less".  I would think inflation will soon be ramping up and interest rates are already starting an upward creep.

Gosh, and Czars??  I wonder how many more Czars will be put in place to keep us folks in line and skirt Congressional checks and balances?  After all -- Czars only have to report to the President.  Not the people.

As a former fed government worker and having lived in the D.C. suburbs I am well acquainted with the insulation of the area's power brokers.  We elect them and than they set out to make their fortunes and ignore the folks who put them there -- except when they need more votes to stay in office.  Gosh -- I can see I'm heading for a rant so I'll curtail it right here.

Sue

Jun 09, 2009 04:52 PM
William Johnson
Retired - La Jolla, CA
Retired

Hi Margaret, Next week I head back East and I expect to see much of what you described. I haven't been posting much but I hope to add a couple of my experiences from a Californian perspective. I really appreciate what you shared. It is all so sad, isn't it. And I am of the mind that  much of it might have been prevented.

Jun 09, 2009 04:56 PM
Lana Robbins Realtor ® Licensed Real Estate Broker
Aloha Kai Real Estate - Clearwater, FL
Licensed in Florida, Washington, and Hawai'i

There are some pockets in the Tampa Bay area where businesses have gone out of business. It's quite disheartening.

Jun 09, 2009 05:45 PM
Kim Peasley-Parker
AgentOwned Realty, Heritage Group, Inc. - Sumter, SC

Margaret- I remember seeing this in the 80's when I grew up in Michigan.  It was sad to see the rust belt develop and it has never returned to the same glory that it did have.  We are somewhat insulated where we are at with an Air Force Base, but we do have a manufacturing sector that has been hit too.  It is truly sad to see and I like you, wonder how many politicians see this.  They are living the fast paced life in DC, not seeing the sudden stop of someone's life with a job lose.

Jun 09, 2009 10:13 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Margaret, early last year I went to a CCIM course in Fort Meyers, Florida. After the class my girlfriend wanted to drive to West Palm beach to see her brother who lives there. As we were leaving Fort Meyers we were on a two lane highway going out of town. We passed between over 30 subdivisions brand new with some having expensive fronts, fountains, and ready for houses. Most did not have even one house. it brought home to me the excess in real estate, and I am sure it got worse. In fact i listened to a Fort Meyers agent at CRS Sell-a-bration in San Francisco this year say exactly that. I still think it will take us years to figure out how to get back on top.

Jun 10, 2009 01:34 AM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Margaret - this really is a sad state for our country, and the fact that so many are uemployed. And how do they make their monthly commitments? I am glad you wrote this post to bring awareness to this issue.

Jun 10, 2009 03:04 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

'Struggling to catch up after a week on the road, so please forgive me for the general acknowledgements rather than individual ones.

I arrived back home to a new listing and an offer on another listing within 24 hours, so my insulation from what I saw on the trip continues.  I am so blessed to be where I am, and to serve a real estate market that is so "easy" compared to many across the country. Frankly, it makes me almost feel obligated to get out there and do more in my little corner of the real estate market to turn it around as much as one person can.

Jun 10, 2009 03:20 AM
Bruce Brockmeier
Internet Marketing Consultant to REALTORS® - Yorba Linda, CA
Coached By Crouch

No wonder our country's so-called leaders don't "get it" if their exposure to the real world is limited to D.C. and the airports in their home states.  They should try driving!

Hi Margaret,

You hit that nail right on the head!  I'll email you an interesting WSJ link.  

Jun 10, 2009 09:14 AM
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

What a very insightful post Margaret!  Taking road trips always shows the good, the bad, and the ugly.   And we do get so isolated in our own sheltered areas.  Your right - our representative do need to get and see things as they really are...  I love Maureen's comment let's put em on a bus!  If only it were that easy.  But writing we can all do...

Jun 11, 2009 01:27 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

I've been thinking about a comment someone made regarding how many people said they're somewhat insulated from all this in their markets...  It occus to me that the "insulated" ones may be among the real estate survivors of this market and therefore participating in this dialogue, while those who worked in the more troubled areas have gotten a "real" job.

Bruce - Thanks, received the article.

Jun 11, 2009 02:31 AM
Kathy Sperl-Bell
Active Adults Realty - Lewes, DE

Margaret, We are indeed very lucky. Here in Coastal Delaware, where many from the DC area come to purchase second homes, vacation homes and retirement homes, we are faring much better than the middle of the country. Bill and I did a "road trip" over Memorial Day Weekend down to Charleston, South Carolina. Because we were trying to make time, we took I-95 this time instead of our normal Route 17. It did seem that Charleston was also doing pretty well - what a beautiful city.

Jun 12, 2009 02:23 AM
June Lewis
Northwood Realty Services - New Castle, PA
Realtor Northwood Realty - New Castle,Pa Lawrence Co 7247304571

Hi Margaret .  You have had to drive 30 minutes within our area Rt 80  west from Pa to Ohio...... Rt 80  East,  I take to PennState

Thank you so much for the eye opener..No one believes us...those who are in the  " bubble area " and thank God,  at least they are,  can't imagine what is outside of the few bubbles around the country.. 

Now to add insult to injury the mess with the appraisal and  bank situation..things are even worse.  We are not  as perceives , a bunch of whiners...it is real .

we watch everyone suffer...these poor consumers out there..the sellers who are between a rock and a hard place..already lost money in the value of their home and forced to pay more to remedy problems before the buyer is able to obtain a mortgage..and the  buyers..poor guys wonderful bargains on the market but they can't ge loans

and then there we are in the middle as frustrated as our clients with our hands tied behind our backs..helpless to help...That is what we do help people buy or sell their home..and we are caught in the middle.  It just gotta get better.

Jun 15, 2009 07:26 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

June - I came home to a contract on one listing, a new listing, and a new buyer relocating for his new job.  Contrast that with the situations you describe.  I am so very fortunate to be in this market... I promise not to squander these opportunities any more!

Kathy - I have a brother with property in that area, and he's very content.  I don't hear any of the horror stories from here like those June mentioned.

Jun 15, 2009 07:48 AM
Irene Kennedy Realtor® in Northwestern NJ
Weichert - Lopatcong, NJ

Margaret,

I'm a firm believer that travel is the best education in the world. Just as you've pointed out, it opens our eyes and changes us. Perhaps not always wonderful news we're learning, but seeing things differently keeps us growing.

Great post!

Jun 16, 2009 06:23 AM
Monique Combs
Royal Shell Real Estate - Bonita Springs, FL
Royal Shell Real Estate - Monique Combs

Margaret,

As a Marylander and owner of property in Dc, it really is a disgrace to our capitol as well as the state of our country. I will email this post to Tony O'Donnell ( a neighbor as well as our State Delegate) I don't know if it will help, but maybe a bit.... Thanks for your insight.

Jun 16, 2009 02:43 PM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Margaret, this post brings the reality home. From the numbers it doesn't seem like the front range of Colorado has been hit as hard as some - yet I see the same things. And when I want to go out to lunch, I wonder...will the restaurant still be there? I was at a closing yesterday - half of the desks at the title company have no people.

Jun 16, 2009 03:11 PM
Jenny Kotulak
RE/MAX Real Estate Centre Inc., Brokerage - Oakville, ON
Broker - Oakville Ontario Real Estate

Hi Margaret,

What a sobering experience.  It really does sound like some movies I've seen.  Only it is too real.  Very sad.  Thanks for posting to the Road Trips group.  I didn't see it when you first posted.

Jun 16, 2009 04:13 PM
Jen Anderson
Exit By the Bay Realty - Chesapeake Beach, MD

Margaret, I am not too far from you and I too, feel insulated.  As a single parent, I have been able to continue to do what I love, sell Real Estate. Recently, I have noticed small changes in our area,  I see car dealerships closing (Upper Marlboro), go through shopping centers and see so many for lease signs(Dunkirk), businesses that started out great 3 years ago closing their doors (Super Suppers in Prince Frederick).  Small changes compared to what you saw on your road trip, but a little bit at a time, it is changing.  I am optimist, I see the glass half full, I hope I am right.

Jun 17, 2009 03:22 PM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Jen, Yes, I've seen those same areas and you're right.  It is happening close to home on a smaller scale.  Our country made it through the depression, the Carter years and now hopefully we'll make it through this.

Jenny - I was excited to see the Road Trip group.  I think it will be a lot of fun... and we take a lot of road trips now that my husband has retired.  Next week, I think it will be North Carolina.

Mary - Don't you wonder what those missing people are doing now?  How they're meeting their obligations with their jobs gone?  I do!  ... and then I come home to more business than I can handle here in the DC/Baltimore suburbs.

Irene - Now that we're not traveling with a car full of kids, we can go off the Interstate and see more of our great country.  I never cease to be amazed by its beauty and the wonderful people I encounter.  Unfortunately, what I described here is also now a reality that I don't think those on Capitol Hill are having an opportunity to encounter.

 

Jun 18, 2009 09:39 AM