3 Statements That I'm Sooooooo Tired of.....

These 3 phrases are uttered on a regular basis. I for one am so tired of the media spouting their doom and gloom. People hear and believe. Most will not take the time to ask a professional in the area they are living....or for that fact an area that they are moving to. Here are the following phrases that I am not so fond of hearing yet do so on a regular basis....usually about 3 times every day. The reason I am tired of hearing them is not because someone is seeking knowledge as I am happy to let people know what the market is doing. I am tired of hearing them because they are taken directly from the media who is neglecting to report any good news about the real estate market.

"You're really slow aren't you?" No I'm not slow (and no they're not asking about my mental capabilities). I have clients calling constantly. I am listing homes and land on a regular basis. I am advising potential sellers whether or not it is a good time for them to put their property on the market. For some people yes now is the time to sell and for others it is not. This depends on their situation. I have buyers calling. Yes some are ready to buy now and others are wanting to wait it out a bit. I am also constantly looking for ways to expand my marketing and looking for ways to find new clients every day. I am NEVER at a loss to find something to do. So no I'm actually very busy.

"I bet there's nothing selling right now." While sales are not up and this is a buyers market things are still selling. Yes it's true that prices have dropped and there is a larger inventory of property for sale then there are qualified buyers to purchase. Foreclosures are flying off the inventory shelves here. I have had a few clients loose a home because they were in a multiple offer situation. Investors know that this is the perfect market to purchase property. First time buyers are able to afford to invest in property because prices as well as interest rates are low. So yes there is property selling right now.

"Nobody can get a loan." This is one of the worst for me. This statement is simply false. People can and are getting loans right now. The banks are not lending to everyone who comes through the door; they are being choosy. If you have good credit and a little bit of money in the bank then yes you can most likely get a loan. We actually have some first time buyer programs in our area so some buyers can get into a home for as little as $1,000 down. Owner carry options are also available for some properties. So yes people can and are getting loans.

The media generally only has partial second hand information. If you have questions about the real estate or lending markets don't hesitate to call and ask a local professional. They can open your eyes.....good or bad it's always better to listen to a trusted professional.

Mandi Perkins

Az Big Sky Realty, Inc.

www.AzBigSky.com

800-330-2634