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Has anyone noticed a change in the market this week?

By
Real Estate Agent with Texas Open Door Realty

Hey!  I have had more calls and showed more homes since this last Weds, than in the entire  last month.  People trying to lease and purchase homes.  Has anyone noticed any change in the last week?

Audrey June-Forshey
RE/MAX Realty Services - Darnestown, MD
GRI, Gaithersburg, MD

Yes, even competing on contracts to purchase.  Definitely busier.

Nov 10, 2008 11:49 AM
Bobby Stevens
Windermere Real Estate/Lane County - Eugene, OR
Realtor, Eugene, Oregon

I'm feeling it too - I've got 4 closing this month! I guess all that hard work during the quiet summer months is paying off!

Nov 10, 2008 11:51 AM
Tina Merritt
Nest Realty - Blacksburg, VA
Virginia Real Estate

HUGE increase in the market!  Last weekend - zero calls.  This past weekend - 8.  Whether it's a false sense or not, there is confidence back in the market!

Tina in Virginia

Nov 10, 2008 11:52 AM
Jennie L. James
RE/MAX DWELL - Tucson, AZ

And confidence has been restored with the outcome of the election!!!

Nov 10, 2008 11:52 AM
Kat DeLong
Realty ONE Group Mountain Desert - Prescott, AZ
REALTOR

I can't say my business is any differnt than a week ago. I am still getting the same amt of calls. 

Nov 10, 2008 11:54 AM
Cherimie Crane
Cherimie Crane & Associates - Beaufort, SC

Lisa,

YES. I  have had a wonderful week. I am so glad to hear it is spreading throughout the country! Thanks for posting.

Nov 10, 2008 11:55 AM
Darla Jensen
Edina Realty - Crosslake, MN

Hi Lisa, I have noticed more activity, in fact my buyer of 3 years wrote on something, finally.  :)

Nov 10, 2008 11:55 AM
Sherry Lee Cox
Platinum Properties - Paso Robles, CA

Not much change in our area, except that REO's are selling like hotcakes and for much more than list price...  I guess that is probably good.  Maybe we can finally see light at the end of the tunnel:)

Nov 10, 2008 11:56 AM
Kristin Moran
Owner - RE/MAX Access - KristinMoran@Remax.net - San Antonio, TX
San Antonio,TX - Real Estate - 210-313-7397

Hi Lisa - good for you!  I have actually seen a change in the slower kind of way.  It hasn't happened yet for us (and I shouldn't say it out loud) but hope it's only a 2 week thing.  KM

Nov 10, 2008 11:57 AM
Kristal Perrone
Hunt Real Estate- Columbus Division - Rochester, NY
Associate Broker

I have a buyer who put in an offer Thursday, after a year and a half of thinking.  But the showings on my listings have been quieter than usual.

 

Nov 10, 2008 12:03 PM
Lizette Fitzpatrick
Lizette Realty - Richmond KY - Lexington, KY
Lizette Realty, Lexington KY MLS - Kentucky Homes

It's been this way for a moth or so here in kentucky. But then again we haven't slowed down too much because of foreclosures.

Nov 10, 2008 12:07 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Lisa, there has not been any change around here.  The large loses in the Stock Market for two days after the election was not good news and the rates have not reacted well either.  Hard to build confidence when all the news seems to be about new taxes the the incoming President is planing.  Today's news of a proposed new gas tax isn't going to help the economy either.

Nov 10, 2008 12:16 PM
June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

Things are definitely picking up.  My agents are saying it and I've had some contracts accepted and we're moving on.  Hopefully, it will continue.

Nov 10, 2008 12:30 PM
Lisa Salinas-Gruver
Texas Open Door Realty - Round Rock, TX

This is not an endorsement of Obama or the great things I think he is going to do or not do.  What I think is after any big election, people seem to ease up, and you know what they say perception is more important than reality, and if people think a new administration is going to change everything, they might loosen up their purse strings.

 

Nov 10, 2008 12:34 PM
Tim and Pam Cash
Crye-Leike (Sango) - Clarksville, TN
Real Estate Professionals - Clarksville TN

Lisa, actually has dipped a little here.  With the Soldiers returning this month and next it should pick up dramatically.

 

Nov 10, 2008 12:50 PM
Anonymous
Jeanne Gregory

Yes!  I just finished the weekend with out of town buyers ...and they bought something.  Two of my listings have sold.....but one fell thru because it BURNED DOWN.  I feel so bad for the owner.  I do think that people feel better after the election.

Nov 10, 2008 01:00 PM
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