I had a great start of the year. Now I am so slow as molasses! This seems to be the National Trend since I am on other Real Estate Blogs,and hear from other parts of the country. How's it going? Stimulous money dried up for new buyers,is creating a terrible slow down. I don't know what the answer is. The stimulous money just put a band-aid on an already hurting Real Estate Market. We see from the Housing News the June sales "fell off a cliff". What now? Any ideas? We need to send our input to our elected officials- they obviously need help, since they had not planned on beyond the "Stimulous "!!! Like now plan B or C or D!!! Even in War,there is a back up plan! We are in a sense in Housing War
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The Morse Company - Janesville, WI
BBA,GRI
Hi Linda,
I am in Southern Wisconsin, an area that has the second highest unemployment in the state. In our local MLS, accepted offers went from 8 per day in April to 3 per day in May. Although, it seems like there is a little more activity than we had last year.
Jerry
Jul 07, 2010 09:23 AM
Crye-Leike Realtors - Marion, AR
Jerry, I am so sorry that your area is experiencing the high unemployment,which always affects the housing market,negatively. I am panicing over the slow time, but shouldn't really whine as i have had a great 12 months now- of selling time. We have unemployment in the Memphis area, but the same large companies that employ many workers, like Fed Ex,International Paper etc. have hung in there. Real Estate has been steady,until the last 4-5 weeks- boy am I slow! Phones aren't ringing like they should be for the summer months! Let's hope the Gov. has a Plan B or C or D to help continue in the housing market now that "Stimulous Money " won't affect new buyers! Surely there is a plan!
Jul 07, 2010 09:44 AM
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