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In The Eye Of a Hurricane

By
Real Estate Agent with Blanchard and Calhoun Real Estate Co.

Looking at the market right now, I see a strong analogy between a hurricane and the market we reside in right now.  Some of us are in the eye, stable communities that are being affected more by the price of gas and food than that of a huge down surge in the market.  The good news here in Evans Georgia is that the house prices have been affected very little to the negative.  The bad news is buyers are more cautious than ever before and there are less of them.  A lot of my peers are complaining about the lack of business.  I say to them, feel blessed they are not in other parts of the country where sellers are giving away new cars to sell their house.  One way or the other, as with the hurricane, some will get blown away and others will rebuild stronger.  I say to you, dig deep and weather the storm.

Comments (5)

Bill Exeter
Exeter 1031 Exchange Services, LLC - San Diego, CA
1031 Tax-Deferred Exchange Expert

Hi Mark,

You are so right.  This market, like many others before it, is all about the survival of the fittest.  The strong will dig in and wait out the storm and will come out at the back end much, much stronger and with a better market share. 

 

May 21, 2008 04:48 PM
Mark Chesnick
Blanchard and Calhoun Real Estate Co. - Evans, GA
Fort Gordon, Evans, Martinez

Amen

May 21, 2008 04:49 PM
Julie McLaughlin
Staging Chico - Chico, CA

Great analogy!

May 21, 2008 04:52 PM
Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

Mark, when life gives us lemons it's time to make lemonaide. The niche is to find the customers that know it's time to buy, first time buyers that can only get into the market now!

May 21, 2008 05:25 PM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor

It is a tough real estate storm out there realtors, hang on for the 2008 real estate ride!

May 22, 2008 04:51 PM

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