Real Estate Agent with Coldwell Banker James C. Otton Real Estate
There is a lot of chatter about buyer's having some great opportunities in the Stone Harbor real estate market now and yet very few are stepping up to the plate.  What do you believe is needed for buyer's to take a swing at the ball?

Comments (6)

Marie Episale
ePRO 201-314-0106 - Pompton Plains New Jersey
Confidence in our economy.  News that Interest Rates will only stay where they are for a "defined" time.  Otherwise, buyers wait and wait.  Interest rates are excellent now.  Home prices are excellent.  The problem becomes that if buyers wait, they may very well miss the opportunity.  We all (public and realtors) need some concrete indicators telling us things are stable and now is the time to "jump in".
Mar 30, 2008 04:24 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

What our market needs is another 10-20% reduction in average price.  Our average prices are still out of reach to most buyers and loans are harder to get and require more money.

We'll got a LOOOOONG way to go.


Mar 30, 2008 04:43 AM
Erik Hitzelberger
RE/MAX Alliance - Louisville REALTOR-Luxury Homes - Louisville, KY
Louisville - Middletown Real Estate
Education.  We all know that real estate is local.  We all know which areas in our markets are good places to buy.  But, buyer's do not.  They hear about fantastic deals and keep looking for the bottom.  We need to show them that they are getting a fair deal on a property that will meet their needs and wants and reassure them that it is ok to go ahead and buy.
Mar 30, 2008 02:30 PM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

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Troy Trumm
Apr 01, 2008 02:22 AM
Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

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Apr 01, 2008 11:28 AM
Robert Rich
Coldwell Banker James C. Otton Real Estate - Stone Harbor, NJ

Thanks to all of you, so far, for you comments on bringing buyers to the table.  Perhaps we need interest rates to go up a few basis points to get the attention of buyers that they better buy now or miss the boat.


Apr 06, 2008 07:43 AM