What one word would you use to describe your local real estate market today?

Ok, the title is the whole blog post, almost.  I put this question up this morning on my facebook profile, and thought that ActiveRain would be an even better place to ask.  So have a stab at it.

What one word would best describe your local real estate market today?

Let's call it the one word market update.  I could be on to something! 

 

21 Comments on What one word would you use to describe your local real estate market today?

 I would say the one word that describes my market is "steady". It seems to be that way at the moment, but things are apt to change. Does that work? Have a great day.

09/17/2007 11:01 AM by Jennifer Sokol (Keller Williams Realty)


Marin County, just north of the Golden Gate Bridge, is still cranking along. Prices strong...sales volumn down.

www.MarinRealEstateBlog.com

09/17/2007 11:02 AM by Mark Lomas (Frank Howard Allen Realtors)


slooooooow!  I would like to put a "very" in front, but that would be breaking the rules.

09/17/2007 11:02 AM by Sherry Spengel | Wheaton IL (Prudential Spengel Realty)


Our local real estate market is "Unbelievable". That's the best way to describe it.

09/17/2007 11:10 AM by Jay McGillicuddy~Real Estate Broker (Prudential Verani Realty)


Ever-changing.  (does that count?  it was either that or 'mountainous')

09/17/2007 11:25 AM by Leigh Brown Charlotte NC Broker/Owner (RE/MAX Signature Properties)


One word is hard for many of us.  Me included.  For Oakland County MI, my word will be Opportunity.

09/17/2007 11:33 AM by Maureen Francis & Dmitry Koublitsky, SKBK Sotheby's - Metro Detroit (SKBK Sotheby's International Realty)


Hi Maureen, I commented on your facebook question too. One word, " inventory", if you need a explanation it is TOO MUCH.

09/17/2007 02:26 PM by Missy Caulk Ann Arbor Real Estate (Keller Williams Ann Arbor, Michigan)


Normal.

New agents in Eastern CT  would call this market slow but 2001 - 2005 were wild.  This is normal.

09/17/2007 02:40 PM by Linda Davis (RE/MAX Realty Group)


Unbelievable....I know Jay beat me to it but that was how we always answer that question. It can be Unbelievably good or bad depending but it's always an honest answer.

 

09/17/2007 04:38 PM by Monika McGillicuddy~REALTORĀ®~ N.H. Real Estate Broker & Trainer (Prudential Verani Realty/Hampstead)


Interesting - as in Confucius' saying"May you live in Interesting Times."

09/17/2007 07:42 PM by Sharon Simms St Pete Florida CRS CIPS CLHMS (RE/MAX Metro)


Our NE Ohio Market is Buyerlicious.  That's a word right?

09/17/2007 07:43 PM by Carole Cohen (Howard Hanna Cleveland City Office)


I am pretty sure that is a word in Cleveland, 3c.

Monika and Jay, I have a broker who uses that exact same response too. 

I would not call my market wonderberry.  Or maybe I would.  Never had a wonderberry. 

09/17/2007 08:26 PM by Maureen Francis & Dmitry Koublitsky, SKBK Sotheby's - Metro Detroit (SKBK Sotheby's International Realty)


There are agents in my office that would simply reply, "horrible"

However, I prefer to use the other side of the coin and say "opportunistic".

As a one-year-old agent trying to survive, I call it "challenging"

My wife would call it "hell".

09/18/2007 04:12 PM by Toby Boyce, MBA, Delaware Ohio (Keller Williams The Realty Firm)


 When someone asks me "hows business?" my answer is always the same...FANTASTIC!! I've been an agent for going on 16 years and my worst day in real estate is always better than any day of the 13 years I spent working in tool and die.

 

 

 

09/18/2007 09:44 PM by Terry Lynch (GMAC The Kee Group)


In one word, I would have to say "Crazy" to describe the market here in MI.

09/18/2007 09:55 PM by Mike Mitchell - REALTORĀ® - St. Clair Shores, MI (GMAC Real Estate The Kee Group)


I love Carol Cohen's word!  LOL  I'm also jealous of her word.  I think we're "perplexing" .  We have awesome deals and great rates and .... gridlock.

09/22/2007 07:06 AM by Chris Elizabeth Griffith ~ Bonita Springs Fl Real Estate (Keller Williams Elite Realty, Bonita Springs, FL)


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Real Estate Agent: Maureen Francis & Dmitry Koublitsky, SKBK Sotheby's - Metro Detroit (SKBK Sotheby's International Realty)
Maureen Francis & Dmitry Koublitsky, SKBK Sotheby's - Metro Detroit
Birmingham, MI
More about me…
SKBK Sotheby's International Realty

Office Phone: (248) 644-7000
Cell Phone: (248) 961-0801
Email Me
Husband & wife, Dmitry & Maureen, specialize in residential real estate in Oakland County, Michigan. Visit us at Oakland County Homes miBirmingham.comor on our new and improved Oakland County Real Estate Blog. When you are ready to make your next move, call us at 248.961.0801.

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Dmitry and Maureen are licensed to practice real estate in the State of Michigan.

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