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Soooo..How's The Market?

So, how's the market?

I hear this question at least once a day and I'm happy to answer it each and every time.

Moreover, although it seems to be the obligatory question asked as soon as anyone knows I'm a REALTOR (and I have no idea how they find out since I tell everybody I meet w/in seconds of meeting them-HaHaHa!), it just never gets old (O.K., I'm stretching a little here).

So, how's the market? These days, I'm answering the question thusly--

The market's insane! If you're a buyer and you're still sitting on the fence, you'd better get the hell off; I'd hate to see you miss out on the opportunity to grab your dream home and have so much help (READ:$$$$!) to do it. Granted, I've been doing this for a while and we all know this is cyclical, but I don't have a crystal ball and I don't know when the "buyer's cycle" while be over. And, if you're a seller, you'd better align yourself with a seasoned pro who'll show you how to market your home and get it sold in this tough market (READ:FSBO? Hell NO!)

Soooo...how's the market?

Posted by Lanette Branch, Bel Air, MD REALTOR on 03/17/2008 08:25 PM

Comments (6)

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6 Comments on Soooo..How's The Market?

Wea are busy. The deals are not the deals of a year or two ago. But the market is active!

Your Friend in Charlottesville Virginia!

03/18/2008 06:53 AM

by Charles McDonald / Your Trusted Broker for Charlottesville Real Estate (RE/MAX Assured Properties)

Lanette - I can't think of a better way to answer that question than the way you did. Sellers should also know that if they are in the market to buy,then they should sell as well. Even though value of their homes went down around 6% (Depending on the market ),prior to that,market value has increased close to 88% over the past ten years according to NAR. So either way,most sellers will gain if they sell their home now and gain even more if they plan on buying. That's what I am going to tell people now. Great post.

03/18/2008 07:39 PM

by Lanre Folayan "Buy Washington DC Real Estate" (Exit Premier Realty")

It's true, Charles, the deals are different, but that doesn't mean the deals aren't good. We need to get the word out to the buyers and sellers.

Lanre, I couldn't put it any better; you summed it all up very nicely indeed!

03/18/2008 08:22 PM

by Lanette Branch, Bel Air, MD REALTOR (RE/MAX 1st Advantage Realty, Inc.)

"The Market Is Great!!" Peopel watch to much TV these days and get caught up in the negative hype. Low Rates, Raised FHA Limits, Seller Closing Help, what more do want!?!?!?

03/19/2008 07:07 AM

by Chris Breck, Advantage Title Company (Advantage Title Company)

Low Rates, Raised FHA Limits, Seller Closing Help, what more do want!?!?!?

How about Lower Home Prices? We have those, too! I'm w/you, Chris. What more do you want?!

03/19/2008 07:43 AM

by Lanette Branch, Bel Air, MD REALTOR (RE/MAX 1st Advantage Realty, Inc.)

Although I'm reading this wonderful almost a month late, it's still ~~the best~~ a great time to buy.

04/08/2008 11:05 PM

by Eugene Jones (Royster Real Estate)