Are you going to miss the next shift in real estate?

By
Real Estate Broker/Owner with Cornerstone Business Group Inc 0225086119
http://actvra.in/zxP

Are you going to miss the next shift in real estate?  Maybe.  Much like Arrowsthe stock market, real estate is up, and real estate is down.  In the stock market, there are bull market cycles and bear market cycles.  Stocks are going up, or stocks are going down. 

There are always segments where an industry takes a hit, hence the Dot.Com bust.  During the dot.com bust, energy stocks didn't take a hit, but dot.com companies were wiped out or lost a great deal of their value.  Construction materials didn't get wiped out with the dot.com companies.  The market was segmented.  That doesn't mean that the market doesn't take broad hits.  After 9/11, and in September of 2008, the stock market took a pretty sizable hit market-wide.

ArrowsIn real estate, segments of the country drop, and segments grow.  They can do it simultaneously.  When the markets collapsed in September 2008, the real estate market took a hit country-wide.  Some segments were hit harder than others, but it was a broad real estate market correction.  That is pretty unusual in real estate, but it has happened before.  The Great Depression comes to mind.  It's rare.

In the stock market, certain segments recover faster than others.  The same is true in real estate.  The only way to really know if a market is in recovery is to look at the numbers.  A qualified real estate agent / broker can help you find out what the market is doing in your community. 

Rather than wait for the bounce, or bottom Arrow or recovery - ask a real estate professional what they see in your local market.  A qualified real estate professional will be able to tell you what the local market trend is and where they believe it is heading.  Don't wait until the market shifts into a different direction before you get involved.  Are you going to miss the next shift in real estate?  Not if you contact your Cornerstone real estate professional.

 

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Rainmaker
414,210
Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Mike, 

Very evolving market.  Folks are shocked to know it's better, unless they've been trying to buy in the last 90 days, then they know, it's a whole new market!  

Somehow I doubt the twists and turns will stop anytime soon.

Great point, check with your local professionals.  

All the best, Michelle 

May 01, 2012 12:22 AM #1
Rainer
207,467
Cheryl Thomson, REALTOR, U.S Army-Veteran
Jobin Realty (703.216.5635) cheryltee47@gmail.com - Woodbridge, VA
Real Estate in Northern Virginia

Hey Mike.  Those fence sitters, its time to get off and get going.

May 01, 2012 12:24 AM #2
Rainmaker
1,248,322
Mike Cooper
Cornerstone Business Group Inc - Winchester, VA
Your Winchester, VA Real Estate Sales Pro

It really has been a lot of twists and turns, Michelle.  We've been climbing, but April was completely flat.  

You bet, Cheryl.  We should poke them.  

May 01, 2012 12:31 AM #3
Ambassador
866,101
Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Mike, there are so many people waiting for the economy to start back up but by then rates and prices are also back up.

May 01, 2012 12:35 AM #4
Rainmaker
2,303,409
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Mike i have a feeling there will be many people saying "I WISH I WOULD HAVE BOUGHT IN 2011-2012" as prices are still low but deals need to be jumped on as if you sit, someone else will grab it

May 01, 2012 12:40 AM #5
Rainmaker
1,248,322
Mike Cooper
Cornerstone Business Group Inc - Winchester, VA
Your Winchester, VA Real Estate Sales Pro

That's for sure, Mike.  I would love to see people get in touch with their local professionals and get in the game.

Absolutely, Scott.  That's going to happen.  You know it is. 

May 01, 2012 12:42 AM #6
Rainmaker
2,223,112
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hey Mike,  We are working on getting the word out that the market is changing and now is the time to get off the fence.

May 01, 2012 01:03 AM #7
Rainmaker
1,248,322
Mike Cooper
Cornerstone Business Group Inc - Winchester, VA
Your Winchester, VA Real Estate Sales Pro

Good job, Will.  It is changing all over.  People need to be aware.  

May 01, 2012 01:19 AM #8
Rainmaker
1,184,904
Wayne and Jean Marie Zuhl
Hallmark Realtors - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Good advice! While no one has a crystal ball, there certainly are changes in the air!

May 01, 2012 01:22 AM #9
Rainmaker
1,248,322
Mike Cooper
Cornerstone Business Group Inc - Winchester, VA
Your Winchester, VA Real Estate Sales Pro

There are, WJ.  Hopefully, good ones too!

May 01, 2012 02:19 AM #10
Ambassador
2,503,492
Anna Banana Kruchten,CRS,CRB,GRI
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Mike the word is loud and clear in the Phoenix Metro area and buyers are buyering like hot cakes. Mulitple bids flying back and forth.  Prices increased 20% over last year and 8% just last month.  If anybody is still on the fence they'd better get off cause it's going to hurt that longer they sit there.

May 01, 2012 04:21 AM #11
Rainmaker
1,248,322
Mike Cooper
Cornerstone Business Group Inc - Winchester, VA
Your Winchester, VA Real Estate Sales Pro

Phoenix keeps popping up on the hot lists, Anna.  I'm looking forward to that day around here.  

May 01, 2012 09:11 AM #12
Rainmaker
505,581
Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

So true Mike. I am invested in a major way in real estate. No need to time the market, jump in and manage wisely and real estate will treat you well. Someone looking to make good decisions need to give you a call and learn from a master.

Cal

May 01, 2012 12:37 PM #13
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Rainmaker
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Mike Cooper

Your Winchester, VA Real Estate Sales Pro
Winchester has a place for you! Call me.
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