An Internet Marketing Company's Outlook on the 2008 Real Estate Outlook
Relating to the 2008 real estate outlook, it's hard to ignore the real estate/housing news on CNN Money and other news stations. Listening to friends, family, business acquaintances tell me the real estate market is hurting. Yeah, tell me something I don't know and isn't already obvious.
How to deal with this and work this market is the challenging part as savvy real estate agents and Internet marketers.
The great thing about tough markets in any industry is it weeds out short term business people and shoddy businesses. Any business person who is in it for the long haul has seen this come and go.
I have a friend who has built custom homes in Rochester Minnesota with his father since the 1980's tell me this was coming. As early as 1998 when general contractors, home builders and sub-contractors setup shop and have already gone out of business as early as 2004, shows the market turning. Things such as expanding to quickly, hiring to many employees, not enough work, etc... yes, we have all heard it before.
I think 2008 will only be worse than 2007, but that only leaves room for improvement for savvy real estate agents, home builders, and Internet marketers to claim their stake.
In 2008 if you want to be a Bull you have the ability. If you want to be a Bear... well, then read the news. There is plenty of it to keep you occupied. Fortunately, I am going to use it for my fireplace kindling so I can keep my toes toasty by fire as I sit on my laptop and watch my agents propel in their prospective markets.
Good business people will make it in any market, any business, good or bad. You have the ability to be a Bull or a Bear.
Ryan, My 2008 will be whatever I THINK it will be. I'll swim upstream if I have to.