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Signs of a different market?

By
Real Estate Agent with RE/MAX Preferred, Madison, Wisconsin

Recently two different people with interesting profiles have asked us to assist them with their real estate purchase. These buyers are different from each other in that one is purchasing a home and the other a condo. 

However they are very similar in a few different ways.

Both buyers are analytical people. They have been planning to buy for the last two years but up until this point in time they didn't feel the market had fallen enough to their liking. In the meantime they have been tracking the market and researching properties on our web site. And now we are actively assisting them with their purchase.

Neither person would have thought of buying a year or two years ago, but they've decided now is the right time to jump in.

Are stories like these signs of a new market? Time well tell, but I view it as good news for the market when analytical consumers with an investor's mentality decide now is the time to buy.

Have a good Friday,

Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com

Vickie Osoria
Keller Williams Realty - Leland, NC

I agree Dan.  Things are definitely changing.  Slowly, but they are.

Feb 11, 2010 10:53 PM
Vickie Osoria
Keller Williams Realty - Leland, NC

I agree Dan.  Things are definitely changing.  Slowly, but they are.

Feb 11, 2010 10:53 PM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Analytical types are some of my favorite clients. They have done research and know the criterion they will use to decide!

Feb 11, 2010 10:57 PM
Randy Ostrander
Lake and Lodge Realty LLC - Big Rapids, MI
Real Estate Broker, Serving Big Rapids and West Central MI

Dan,

        I agree the signs are all there that the market has changed. A few years ago clients would say they found you in the yellow pages but now 80% of my buyers have done their research online and know what they want before ever talking with an agent. It has actually caused my company to rethink it's advertising structure.

Feb 11, 2010 10:57 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Dan, I also like analytical types because they have done their homework and are ready to purchase.

Feb 12, 2010 12:09 AM