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YOUR LOCAL REAL ESTATE MARKET

By
Real Estate Agent with The Sold by George Team 0463308

 

I understand that the news has been communicating  the wrong information about our real estate markets today. Here at Keller Williams Realty we take this very seriously and want to provide you with the correct information about today's real estate markets. Please take the time to read our response below and know that not only my company, but I have my fingers on the pulse of this market. It is important to me and I want to make sure that you are informed of what is really going on.

 

TOP STORY: Gary Keller: The only market that matters is yours!

 

Last week on the Today Show, during a segment on the national real estate market, CNBC's Jim Kramer uncompromisingly stated, "now is the absolute worst time to buy!"

Concerned that remarks such as these from so-called experts might be pushing potential buyers to the sidelines?

Here's what Gary Keller, co-founder and chairman of Keller Williams Realty has to say about waiting out the current market:

First, residential real estate is not a national market product - it is a local one. To say from a national position that this is either a good time or a bad time to buy real estate is like saying the national forecast for the U.S. today is 92 degrees - it is a useless and irrelevant perspective. What is happening in your local market is all that matters.

Second, trying to predict when it is a good time to buy, or not, means you're trying to time the market. Staying on the sidelines is the surest way for most people to never time anything correctly.

Last, and maybe most important - there are always two markets in every market. There is the market of properties that are good buys and there is the market of properties that are not a good buys. Interestingly enough, this is true in either buyer or seller markets. To categorically say that this is the time to buy or not is absolutely ignoring the fact that every market really has two markets inside it.

 

I hope that this clears the air about what the news is putting out there and what is really going on. Know that the Houston area is still one of the strongest markets in the United States and although it may be a buyers market we have not slowed down and we continue to grow. As a real estate agent I do real estate market research for a living and want to help you stay on top of the game. Feel free to contact us to learn more about your area or neighborhood. We can give you a free comparative market analysis on your home or on a home you are looking to buy. If you know anyone else that could use are services send them our way because we are here to provide you and anyone you know with the proper real estate services. Thank you for taking the time to look this over and I hope it will benifit you and your real estate needs.

 

Kindest Regards,

Jeff George

The SOLD. . . by George Team

Keller Williams Realty

mobile 832.643.3355

office 281.336.3121

fax 281.336.3131

jgeorge@kw.com

 

Search for homes and free reports at: http://www.soldbygeorgeteam.com/

 

The best compliment I could receive is a referral from a friend.

Posted by

 Jeff George

 

 

 

 

 

Jason Schweiger
Modus Mortgage - Auburn, WA
Loan Originator: Modus Mortgage
All markets are seperate and the same, if that makes sense. For example...If the National trend slows, it can still slow a hot market to slower levels. If the National market is strong, it can bring up the growth in a very slow market.
Oct 09, 2007 04:07 AM
Ryan Loofboro
Ryson Real Estate Bay Area - Dickinson, TX

I read this article awhile back... it has some really good points in regards to the local market..    Even in tough markets the cutest and best priced homes sell

Jan 28, 2008 01:48 PM
Kevin Heinrich
Heinrich Group - Clear Lake City, TX

Nice Article Jeff you really put some great points in there! Keep up the outstanding work! You 2 Ryan we appreciate both of your business and can't wait to light it up this summer!

Mar 25, 2009 02:22 PM