market changes: Is there Sustainable Growth in Real Estate?
- 05/12/10 04:07 AM
According to investment experts like Warren Buffett and Bruce Norris, as well as many real estate educators and market economists, and even the assistant secretary of the U.S. Department of Housing and Urban Development, David Stevens, there is perceived sustainable growth in the housing market. The key to all if this of course is security in the job market leading to greater consumer confidence, as well as consistently stable, and remaining relatively low, interest rates. I can't honestly imagine it's all that simple, but after observing first quarter sales increases in Richmond, one begins to wonder if the tide in real … (1 comments)
market changes: How Do Teams in real Estate Work?
- 03/17/10 04:12 AM
I love my wife Ann, who is also my business partner; she does all the honest-to-goodness work while I write articles about real estate or the housing market and purport to be an "expert" at something. She is decently civil about the whole thing too, and complements me by saying how we each contribute different things to the job, which is after all why we work so well together. I have decided to politely agree with her on this point. I am blessed because I know that, while there are a number of successful husband/wife teams in real estate, there are … (2 comments)
market changes: Web-cast Social Networking – Meaningful or Mind-boggling?
- 02/05/10 03:26 AM
Just this week I attended a "social networking" seminar with four-hundred of my favorite local realtors. It was a company event sponsored by our principal broker, Long & Foster. I'm not sure what was anticipated by the other agents in the room, but I was quite frankly surprised by some of the presentation. I consider myself to be relatively computer literate. Computer savvy may be pushing it, but I manage myself online fairly well, and I'd venture say, as well or better than a lot of Realtors who do it themselves. I manage & maintain accounts on Facebook, Trulia, Active Rain, … (4 comments)
market changes: Activity in Richmond Real Estate – Forecast “More Snow”
- 02/05/10 01:44 AM
It's snowing! Again!!! What a week for real estate. Tell people they are snowed in an unable to see homes and the phone starts ringing. They say, "If you ever want to get busy, plan a vacation"; I suppose the forecast for more snow is similar to this concept. But in all honesty, it is probably just that people are ready to get moving again after an extended period of inactivity. The notion that we "can't get out" fuels the need to do something sooner rather than later. I hope this is the precursor to a vibrant spring market this year! … (0 comments)
market changes: More Change in Richmond Real Estate
- 01/15/10 09:16 AM
The second week of the New Year in Richmond, Virginia shows continuing signs of housing market improvements. In general, activity is increasing; calls and appointments are picking up and there better than usual contract activity. Is this a temporary condition, a last ditch effort to take advantage of government incentives, or is this the precursor of a healthy spring market? Time will tell us, but I am much encouraged by the signs that indicate the number of listings and sales is starting to increase. Especially sales! There is evidence by the number of contracts we are getting in our office that … (0 comments)
market changes: Where Do You Get Your Housing News?
- 07/28/09 08:20 AM
In Richmond, Virginia, should we believe the news recently reporting that the real estate market is finally turning the corner? Notice I didn't say "improving". Nevertheless, media reports have been more forthcoming with increased frequency about where the housing market is these days, and that perhaps we hit bottom back in December. I'm also getting reports from other parts of the country claiming more positive housing trends. So why do we need the media to tell us that things are getting better? I've spent the last six months evaluating the market in order to better counsel my buyers and sellers. I've … (0 comments)
According to investment experts like Warren Buffett and Bruce Norris, as well as many real estate educators and market economists, and even the assistant secretary of the U.S. Department of Housing and Urban Development, David Stevens, there is perceived sustainable growth in the housing market. The key to all if this of course is security in the job market leading to greater consumer confidence, as well as consistently stable, and remaining relatively low, interest rates.
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