Is our Market Good or Bad?

Real Estate Agent with Real Living Hacienda Realty

Some days (like today) I think business is picking up, buyers are calling, offers come in, and I can't answer all my emails. I get excited about all the potential out there.  So many people think about moving here--we really do have a wonderful climate and easy living.  I fantasize about what it would be like if all of my listings would easily go under contract.  Then I come home and watch the news or read a local newspaper article and realize how bad the market is.  Silly me!  What was I thinking. 

If only, if only, if only I could just turn off the negative press and stop people from talking before they tell me about how bad the market is.  I'm very susceptible...

In reality, sure...I know our market has cooled off a bit.  Residential sales are down 50% from last year.  But, wait, for the last few years hasn't real estate in our area been "booming"?  Maybe selling what we sold last year was a bit unusual in the grander scheme of things. Maybe it's not that things are so slow as much as it is that we're just returning to a state of normalcy. 

Today, I think our market is pretty good.  Today, I got two offers on two of my listings, one of my listings was shown twice today, and I have two closings next week.  And, tonight, I've decided to type this blog instead of watching the nightly news so maybe I'll have a good real estate day tomorrow too. 

Comments (1)

Robert Machado
HomePointe Property Management, CRMC - Sacramento, CA
CPM MPM - Property Manager and Property Management

Any week you close two houses is a good week.  I don't get too excited about offers, too many don't go anywhere.  Close those escrows!

Jul 23, 2008 04:45 PM