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Not Even Close to a Normal Market | Slidell Real Estate for Sale

By
Real Estate Agent with Frank Rubi Real Estate

Any agent who has been in this business  

                                                                              Slidell Homes for Sale

for any amount of time knows this isn't anything close to a normal real estate market.  With the Federal Tax Credit for first time and repeat buyers buoying the market.  With many agents making a living on short sales and foreclosures and a much smaller percentage of the usual arm lenght transactions taking place. 

With the coming arrival of Spring and the tax credit deadline buyers are flocking to buy homes.  I wonder how much demand is being pulled forward by the rapidly approaching deadline.  What will fill the vacuum once it pasts?  After all banks can't stay in business if they loose money on each sale.

I think our Congress and President would be better serving their citizens trying to get people back to work and not giving them health care.  I can't speak for everyone but a job is more desired by most than a doctors appointment. 

I believe it was Nero who fiddled while Rome burned.  Dare I say we may know who Nero II is.

Call John for Slidell Homes and Real Estate for Sale. 

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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

John, You are so right, we are nowhere near a normal market and like you, I wonder what incentive will be offered to fill in the gap of the tax credit, if any. That is an interesting home in your photo.

Mar 01, 2010 12:28 PM
Wayne and Lynda Gomillion
Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC - Pinehurst, NC

John, you are spot-on. Hard to understand the foolishness of the current administration and why they're so hell bent on pushing through legislation that clearly 75% of the populace opposes.

Mar 01, 2010 12:34 PM
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

John, your on target with this post. So many have not even thought of what is to come in the very near future.  

Mar 01, 2010 04:01 PM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Wayne, frank and Wanda thanks for your comments.  i think we have a very good chance of dounle dipping this year.

Mar 02, 2010 11:27 AM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Hi John, You're right, we aren't in a "normal" market right now. It will be interesting to see what happens in the market in the months ahead. We'll have to hang on for the ride.

Mar 06, 2010 01:05 AM