A fire rages

By
Real Estate Agent with RE/MAX All Executives

This is my first blog... so bear with me.

This is my analogy of our market:

This type of market is like a forest fire. It starts with one match and a few dead trees or bushes (sub-prime buyers who should have never been home owners) and you can have a fire beyond control. Fire can rage and engulf acres upon acres.(Foreclosures, Short Sales and REO's) Sometimes it take special equipment to get to the location of the fire due to the terrain but typically time, weather and resources (The Fed and Mtg industries making changes to lending) are the key to putting out a fire. Obviously more time, better weather and more resources are needed the larger the fire has become. The KEY is stopping the fire as soon as possible.

But that isn't always the cure to the problem. A new growth needs to occur to bring life back to the devastated landscape. (Qualified Buyers)

The wildlife that was calling that forest home ran away until it was safe and are waiting to come home (Buyers waiting for the market to become steady and were scared off by the media and other negatives of the market conditions).

You need a good rain, for several days to wash away the ash and get into the ground to help nourish the new plants waiting to grow. (lower interest rates or even higher FHA limits -Woohoo, we have that!)

Then the growth will occur, it's only natural. You can't re-grow a forest with burnt trees. Once the forest regrows the animals will return to the home that they left because they know it is safe again.

It doesn't happen over night. In fact some areas that have been scarred by fires will sometimes stay like that for years to come  and it will take them a long time to thrive again but others will re-grow and after a few years, you will never know that there was a fire.

Don't' just be a fireman! Be a fireman and a gardener and Smoky the Bear, so that way we can be sure that this fire doesn't rage again.

 

 

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Rainmaker
24,681
Dan Grammar
Realty Executives, Tucson Elite - Oro Valley, AZ
Professional Realtor - Tucson Arizona Real Estate

Great stuff; great first post!

Then again, I may just be a bit biased. ;)

<grin>

www.InsideArizona.com -=Dan

Life's A Grin!

Mar 11, 2008 05:25 PM #1
Rainer
15,240
Mark Hawley
Keller Williams Realty - Indio, CA

Here Here!!

And Smokey the Bear says "Only you can prevent Adjustable Rate Mortgages"

Great first post!  Welcome to ActiveRain!!

 

Mar 11, 2008 05:25 PM #2
Rainmaker
245,701
Michelle DeRepentigny
Success Realty - Athens, GA
Broker Athens, GA
Welcome to Active Rain and congrats on a great first post!  Awesome analogy!
Mar 11, 2008 05:27 PM #3
Rainmaker
1,007,643
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate
Hi Victoria:  Welcome to Active Rain.  This is an excellent first post.  I think you will find that Active Rain is a great place to make some wonderful contacts, and... if you keep at it... it can also become a source of buyers.  Take care...
Mar 11, 2008 05:32 PM #4
Ambassador
3,694,629
Patricia Kennedy
Redfin - Washington, DC
Home in the Capital
Victoria, welcome to Active Rain!  This is a terrific  post, and I'm looking forward to reading many more!
Mar 11, 2008 05:39 PM #5
Rainmaker
1,402,703
Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

The growth is here! We're popping in the Tri-Valley. We're seeing multiple offers on well-priced homes.

Mar 11, 2008 05:40 PM #6
Rainer
301,270
Vicente A. Martinez
Prudential Douglas Elliman Licensed Real Estate Salesperson - Woodhaven, NY
Realtor, Brooklyn - Long Island - Queens Homes

Hi Victoria. Great post and welcome to AR. There are thousands of tips, tools, and tricks of the trade here. Be sure to check them out. Best of luck and see you around.

Mar 11, 2008 05:47 PM #7
Rainmaker
248,147
Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003
Victoria: Great first post and welcome to wide world of blogging. Fire is a natural event and healthy.
Mar 11, 2008 05:49 PM #8
Rainer
203,060
Mary Warren
Las Vegas, NV
Victoria - nice analogy, nice first blog - enjoy your stay here in the 'rain'....I look forward to more of your posts.
Mar 11, 2008 05:49 PM #9
Rainer
20,936
Audrey Hoffman
VoteAudrey blog - Columbia, SC
VoteAudrey

 Welcome to the Rain, Victoria!

Neat analogy; look forward to seeing what else you create!

All the best,

Audrey 

Mar 11, 2008 05:52 PM #10
Rainmaker
59,739
Sandra Workman
Keller Williams Preferred Realty - Kankakee, IL
BBA, Broker, CRS, GRI, ABR, SFR, CNE, ePRO, CNHS
Welcome - great post. 
Mar 11, 2008 11:27 PM #11
Rainer
226,765
Richard Ives
Chicago, IL

Victoria, welcome to Active Rain.

Great post.

Mar 12, 2008 01:53 AM #12
Rainer
4,970
Shannon Whitley
RE/MAX OAK CREST REALTY - Plymouth, IN
RE/MAX OAK CREST REALTY

Welcome, great post, great analogy!!!!

 

Mar 12, 2008 01:56 AM #13
Rainmaker
163,666
Suzanne Sands
Pavao Real Estate - Somerset, MA
Somerset MA Real Estate

Hi Victoria,

Now that was a very good first post! Welcome to the Rain, enjoy! :)

Mar 12, 2008 02:06 AM #14
Rainer
2,200
Victoria Grammar
RE/MAX All Executives - Oro Valley, AZ
ABR, Associate Broker

Thanks everyone for looking at my post and leaving your comments. I think I just got over that fear of the unknown in the world of blogging.

I will try to reciprocate the comments on your blogs as I find time.

Let the rain come down,

Victoria

Mar 12, 2008 05:27 AM #15
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Rainer
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Victoria Grammar

ABR, Associate Broker
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