relative real estate markets marketing: Relative to what?
- 03/26/08 07:32 AM
I went around the block today. Ran into Fritz, the neighborhood philosopher. When I asked him how he was he paused, for effect I imagine, and then answered, "Relative to what?" Relative to what I thought. It made me wonder about todays RE markets. Relative to last year and several years before that, it was an easier market. People were buying and selling with abandon. Investors were rolling in money, home owners were using their homes as piggy banks and the homes were responding by increasing in value to keep ahead of withdrawals. Whew. What a market. 2007. Whoa Nelly. Everything came to a … (0 comments)
I went around the block today. Ran into Fritz, the neighborhood philosopher. When I asked him how he was he paused, for effect I imagine, and then answered, "Relative to what?" Relative to what I thought. It made me wonder about todays RE markets. Relative to last year and several years before that, it was an easier market. People were buying and selling with abandon. Investors were rolling in money, home owners were using their homes as piggy banks and the homes were responding by increasing in value to keep ahead of withdrawals. Whew. What a market. 2007. Whoa Nelly. Everything came to a … (0 comments)
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