Menifee Real Estate

Menifee Real Estate

I feel compelled to write something light on my blog today. With all the challenges we as real estate professionals have in Menifee Real Estate and this market I'd like to place my personal perspective on where we've been and where we are going in this ever changing market. 

First off I can thankfully say that my business has flourished in Menifee Real Estate ~~a very tumultuous state of affairs. Over the past 7 years our business has positioned itself as short sale guru's so-to-speak. So knowing our 'stuff' when talking with prospective clients has made the difference. In late 2006 and early 2007 we made a committment (while other agents were jumping on the bandwagon trying to get contracts as listing agents for banks) we took a less popular path at that time and endrenched ourselves in short sales. We took every course and certification available. Back than there weren't many but the certs we did take were excellent with rich and robust content  and some great instructors albiet much of our learning was done in the trenches. Agents slowly but surely followed suit and more and more certication classes came out. We've worked with some great agents that take their business just as seriously as we do. 

Since 2006 alot has happened in Menifee Real Estate. Short sales have become mainstream and most if not all agents are doing short sales. There are fewer and fewer bank owned homes being released and inventory is at an oall time low...Buyers are frustrated due to the lack of inventory and competition. Being outbid by a cash buyer is common in todays market and buyers are getting saavy and detouring the use of a buyer's agent and going directly to a listing agent in hopes that it will make a difference in getting their offer accepted. Sometimes it works and sometimes it does not.

In Menifee Real Estate we are seeing more Standard Sales go on the market. Sellers with equity are enjoying quick sales and getting their asking price.....most of the time .........(that's a whole other subject for another blog)

So here we are, the 4th quarter of 2012 and the market has once again evolved. There is price pressure upwards, little inventory, just a trickling of bank owned homes and the majority of the market being short sales. There is no longer a stigma attached to short selling a home and it has become common place. Banks are tightening up their processes every day and being more cooperative in the transaction. 

We are now even seeing buyers back in the market that short sold a few years ago, taking advantage of the still low prices of homes and wanting a second chance at homeownership. 

We have all been through so much. The economy, job losses, job gains, plummeting markets and now a market that appears to be on the upswing....and I'm still here to talk about it. I'm thankful every day that I've been able to make a small difference in peoples' lives, including my own. I'm humble that I am fortunate enough to be able to pay my bills and not have a hardship like so many. I'm thankful I've been able to help those that have had hardship. These years have been amazing meeting so many different walks of life and I'm thankful every day for the tears of joy and sadness I've shared with my clients.

In Menifee Real Estate 2013 IS GOING TO BE AMAZING.......!!! Thanks for reading my blog!