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I'm new at this!

By
Real Estate Agent with Century 21 Anne Arnold
Okay this is my first try at this but I'm sitting at my office (overlooking the ocean-- ok ok!!) and thinking about the market -- having been in the business since 2001 I have not experienced a "slowdown" this is my first. I have spent many hours contemplating what happened to all the buyers??  Is it the interest rates? is it the scare of the hurricanes?? is the economy?? what exactly did happen??  I probably cannot answer these questions. Perhaps it is all of the above (none of the above) but I do know that here in our little part of the world -- Brunswick County, North Carolina, we have a tremendous amount of inventory, the likes of which we haven't seen for many years; and fewer buyers than we have seen for longer than that.  Gone are the days of multiple contracts, gone are the days when properties are sold within weeks of listing -- many, many are on the market for well over 6 months, many more than a year and yet sellers still think that their pricing from 2 years ago should hold.  It is tough to convince a buyer from another area that it is not a "Buyer's market" -- the old law of supply and demand has surely kicked in around here.  We have had some activity but it is sure slower than I would like.  Any ideas out there.  I am totally open -- 2nd home-- resort areas are tough!

Comments (3)

Michele Connors
The Overton Group, LLC Pitt & Carteret County - Greenville, NC
Your Eastern North Carolina Realtor
Hello Judy- I am just up the road, Carteret County! Welcome. There is alot to learn here, alot of great networking and and a safe place to talk things over.....- Do you know Ginger and Roger Salas from Wilmington ? They are members and have been really kind. Join a few groups that interest you, smaller more personal setting and then, blog all you want. Be sure to join in and comment on topics of interest, add your perspective and experiences. You will find this community really is FUN!
Mar 09, 2007 07:39 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
Welcome Judy!
Mar 10, 2007 05:18 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Hi, Judy

   We invite you back to ActiveRain in 2016!

   Much has changed since you last visited ActiveRain.

   Leave a comment, post a blog!  We'll be happy to see you again.

May 23, 2016 01:48 AM