TOP STORY: Where Are All The Buyer's?

By
Real Estate Agent with Keller Williams Realty Partners 290057

Keller Williams Realty International came out with a great article this week concerning Buyers, and why most are just not willing to pull the trigger on buying a home in today's market.

I know that activity has made a positve move over the past several weeks. Emails are coming in and the phones are beginning to ring again. Boy....is it a good thing to hear those phones ringing again! This is great information that I wanted to get out to North Georgia Mountain Real Estate Buyer's and Investors. Whether you are looking to buy in Blue Ridge, Blairsville or Ellijay, I hope that you find this information very useful.

It's time to get potential home-owners to go ahead and buy in this so-called "buyer's market"

 

While today's market plays to their advantage, buyers, who should be swooping in to make the most of reduced housing costs and favorable interest rates, are sitting by, waiting.

 

It is up to you, as a competent and informed real estate agent, to mobilize your potential buyers to invest in home ownership now. When the market turns, today's bargains will be yesterday's missed opportunities.

 

While it is conceivable that home prices may drop further, it is likely that these decreased prices will be accompanied by increased financing costs due to rate cuts by the Fed. This means that any money saved on paying less for a house in a few months time will be offset by your client having to pay off their mortgage at a higher interest rate making "playing the waiting game" a waste of time (and very little fun). Read the rest of this entry »

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Rainmaker
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Donna Yates
BHGRE - Metro Brokers - Blue Ridge, GA
Blue Ridge Mountains
Great post and I just wrote one recently along the same lines of this topic.  I was blasted by someone who is pinned Weary Consumer.  Unfortunately, I think he/she had a terrible experience with a real estate agent at some point and now in his/her mind, it is a reflection on all of us.  I think you are spot on about buying now... prices are low, inventory high and interest rates still good although they have inched up some.  But I also fully understand the buyer's hesitation given the news and uncertainty of the future economy.
Mar 17, 2008 09:59 AM #1
Rainer
61,321
Chad Lariscy
Keller Williams Realty Partners - Blue Ridge, GA
Advocate For Mountain Living

Thanks Donna,

 

The days of printing up some business cards....throwing a sign in the yard and sitting back and waiting on the phone to ring are gone. We have to consult these customers in making a good decision that is right for them in this market.

 I really apprecite your comments.

Thanks,

Chad

Mar 17, 2008 10:05 AM #2
Rainer
194,086
Jeff Payne
The Payne Group at Keller Williams Success Realty - Panama City, FL
Panama City Real Estate
The three P's don't work anymore. Put a sign in the yard, Put an ad in the paper and Pray is sells
Mar 17, 2008 12:49 PM #3
Rainer
61,321
Chad Lariscy
Keller Williams Realty Partners - Blue Ridge, GA
Advocate For Mountain Living

You can say that again my friend! Well Put!

Mar 17, 2008 01:38 PM #4
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Rainer
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Chad Lariscy

Advocate For Mountain Living
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