The "Credit Crunch" and your business

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Real Estate Sales Representative with ALLY Real Estate
Hello fellow Realtors, I am curious how the credit crunch is affecting you.

Me, well in my personal observation I have, as everyone, seen a HUGE decline in the quantity of buyers in the current Real Estate Market. However, on a positive note, I have noticed that the quality of buyer has risen. Those who are looking now are more serious and more qualified than most have been in years. I am encouraged by this and hope that this continues to be the trend. The days of order processing are over and it is time to go back to basics.

Is this just me? How are things in your area and is the credit crunch affecting you.

Patrick J. Lambert
Realtor / Salesperson
808-937-1188 direct line
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Rainmaker
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Jeremy Blanton
Myrtle Beach Homes Blog - Myrtle Beach, SC
Myrtle Beach REALTORĀ®- myrtlebeachhomesblog.com

Here in South Carolina, the qualified buyers are still few and far.  I have noticed more and more FHA approvals lately.

Apr 14, 2008 07:01 AM #1
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Rainer
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Patrick Lambert

Hawaii Real Estate Expert
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