How is the real estate market in your home town?
You and I get asked the question pushing the wire cart in the produce aisle. The same query is made when you are at the car wash making change for tokens or sitting on the bleachers at a local sports game contest.
How's the real estate market in Maine is important news and not just toss around like talk about the current weather.
Or the how about those Red Sox, the local sports team's winning or struggling record, etc. Family additions and needing more housing space is a big need. Downsizing or estate sales, forced divorce or investment purchases are too!
People make decisions based on the real estate market conditions and want you the expert that works in the property listing trenches to fess up.
Is it hot, cold, or meh... in flux and why. And because it is local real estate we are talking, how's the market in the country in general or on the west coast is not the target the buyer or seller is searching.
It is all about local and the particular part of the market that interests them most. Water front homes for sale in Maine is a different aisle in the real estate inventory of current listings than farm homes for sale in Maine with land. Or commercial rental properties could mean apartments or downtown store fronts or high exposure strip mall Maine commercial real estate locations.
The real estate buyer is searching for a piece of steak too, a prime cut of the real estate market, not the whole beef steer. He slices and dices up the current real estate inventory to dive in to the section of the current market that fits his property listing needs best.
He does not search, care or have time to go in and out of every real estate listing available today.
He does not go on all the real estate rides. And is on the hunt for the right fit space and location and condition wise. But not the ones that don't match the horsepower of his wallet.
But the motivation, in the back of the mind of the buyer or seller is how's the current real estate market in Maine? Read the current real estate market report in Maine prepared to show what and where is hot or not.