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The 2009 Real Estate Coin Edition... Flip it To See The Other Side. The Side That is Alive and Well
As a professional Realtor with over 24 years of experience, I have never seen so many bad news about my business put together and shown all over the media day after day after day. You will think that there is a conspirancy to drive us out of our business. I certainly have noticed the drop of phone calls, the lack of transit during open houses, the dissapereance of  good, reputable real estate companies and associated and supportive service companies like title insurance, pest control, roofing, mortgage and others that depend on a healthy real estate market. But is it really that bad for everybody?  Just as when the market was in the upswing, we knew that it will have to stop one way or another, we clearly see that it did stop and that is going nowhere right now... Or is it? 
Despite the obvious slowdown, there is a very active and profitable real estate market going on right now in certain areas. We presently are working with several first time buyers. These people are using FHA loans with downpayments as low as 3.5% and low FICO scores, they are asking sellers to pay closing costs and help with their downpayments, they are taking full advantage of first time buyers ... more

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