This is every retailers dream and every agents frustration. When prices were getting jacked up people couldn't wait to buy all they could afford (or not afford). Now that prices are declining and money is cheap, it is difficult to find buyers or investors. Obviously there are some factors that have limited the pool of potential home buyers and investors. Requiring more money down and stricter underwriting to mention a few? But now is the time to buy, just think of it as going to the department store when they have marked all their summer clothing down to 60-80 percent off. The same clothes will be full price again next spring why not buy now. The smart will buy now and reap the rewards in the spring of the housing market, because this winter will not last forever.
Arkshire Financial - Marietta, GA
Keep your head up Tyler! Go partner with your local Homesbyowner.com & talk about FSBO opportunities... People are STILL buying, you've just got to find them! :)
Jan 28, 2008 09:41 AM
Keller Williams Big Bear - Big Bear Lake, CA
Big Bear Real Estate
Tyler,
As Candace Robinson pointed out in her recent blog Fear vs. Greed, this quote applies:
"Be fearful when everyone is greedy and greedy when everyone is fearful." - Warren Buffet
Jan 28, 2008 09:45 AM
Daniel Gale Sotheby's International Realty - Manhasset, NY
Licensed Associate Brokers
The media has created a scary place. Its just a matter of time until people realize that this is a great time for real estate.
Jan 28, 2008 09:46 AM
GMAC Schwartz Property Sales - Key West, FL
I have that happen every day too. It seems people think the longer they wait the better deal they will get.
Jan 28, 2008 09:46 AM
Metrolist, Inc. - Highlands Ranch, CO
I know exactly what you're talking about and it sure doesn't make any sense. I just sent an email out to my entire sphere. It talked about all time low home prices with incredible interest rates on top of it! You don't buy stocks when they're high.. no siree, you buy low and sell high. Well, I think real estate is more like a band wagon concept. People who invest in stocks are extremely educated regarding their finances (or hire people who are) and people who could be buying real estate are often just the average Joe. The average Joe watches the news and is educated by who? ... say it with me... The Media! Yes, that's where the problem lies. They're waiting to be TOLD that the market is great and that they should be buying a home. Well Tyler, that's where we come in. Get out there and let everyone you know what a fantastic time it is to be buying!
Jan 28, 2008 09:47 AM
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes
Things will change for the better.....it's a question of "when"
www.patricia4realestate.com Patricia Aulson/Hampton NH Real Estate
Jan 28, 2008 10:23 AM
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker
We invite you back to ActiveRain in 2016!
Much has changed since your last visit to ActiveRain. I encourage you to take another look at the website.
Surf some blogs, leave some comments. Better yet, post a Blog.
Best to you!
Mar 05, 2016 11:08 AM
Comments(7)