This Is A Market Of Opportunity

By
Real Estate Agent with Keller Williams Realty Atlantic Shore

As a real estate professional, I often get asked "How's the market?"

I've been struggling with what to say for the last two years.  I could be optimistic and say that it is great.  But for many people it is not a great market.  There are people who can't afford their homes and are forced to do a Short Sale or go through foreclosure.  But it's also not a bad market either.  There are great opportunities for buyer's sellers and investors in this market.

opportunity

On Thursday I listened to a coaching call with Keller Williams MAPS coach Tony DiCello who described our market saying that "This is a market of opportunity."  Wow!  It is a very simple and accurate statement.

Home prices are much lower and dropping.  Interest rates are low and may still go lower.  Inventory is up with plenty to choose from.  Investors and home buyers have an incredible opportunity right now.  This is a buyers market but sellers have a great opportunity now also.  Sellers may be selling for less than they would have three years ago but they make up for it when they buy their next home for pennies on the dollar. 

So please join me in describing our market as The Market Of Opportunity.

Best wishes,

Matt

P.S.  If you or someone you know is thinking about selling, buying or investing in real estate please call me at 609-338-3773 so that I can help you or the people you care about take advantage of the opportunities in this market.

Posted by

Matthew Haviland ~ matthew@HavilandGroup.net  ~ 609-484-9890 ext. 132

Follow Me: http://twitter.com/sellhouse Facebook: http://www.facebook.com/sellhouse

 

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Rainer
23,013
Suzanne Champion
N.J. Realty - Westerville Ohio - Columbus, OH

That's a good way to put it...in any case, when anyone asks that question I always start out with "it's a great time to buy!" 

Sep 13, 2008 12:43 AM #1
Rainer
132,369
Jon Wnoroski
America's 1st Choice RH Realty Co., Inc. - Green, OH
Summit County Realtor

The media paints a grim picture regarding the market.  However, I agree with you; there are opportunities out there.  Sellers may have to accept less for their homes but will be able to make up for it on the buying side.

Sep 13, 2008 12:55 AM #2
Rainmaker
76,374
Randall Schrader
Competitive Insurance of Dundee - Dundee, FL

The smart buyers are shopping.  My cart is full right now.

Sep 13, 2008 01:02 AM #3
Rainmaker
910,916
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

I agree - I think it is a great time to buy and hopefully will get better.

Sep 13, 2008 01:13 AM #4
Rainer
62,066
Denise Shockey
RE/MAX Aerospace Realty - Cocoa Beach, FL
Cocoa Beach, Brevard County Florida Real Estate

Hi Mathew, well stated!  There are people in pain, and at the same time there are many great opportunities for others.  I think this is a time for a little understanding and compassion, as well as hard work. 

Sep 13, 2008 01:18 AM #5
Rainer
13,738
Eric L. Cutler
Keller Williams - Greenville, NC

Yes, it is a great opportunity.  Our team has invested a lot of money on internet marketing and it is paying off!

Sep 13, 2008 01:20 AM #6
Rainmaker
1,204,974
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Matt, I have heard this market described this way by someone else, I don't remember if was Steve Harney or who.  Great reminder for us to stay positive in this market with all the negativity that others have placed on it.

Sep 13, 2008 02:47 AM #7
Rainer
48,066
Nicole Weidauer
Keller Williams Greater Seattle - Shoreline, WA

That is great, Matthew!! That really is a wonderful way to describe it and is sure to pique some interest.

I too am a KW agent and enjoy the wisdom I get from Tony DiCello and the other MAPS coaches. I am really enjoying Shift and can't wait for the tour.

Thanks for sharing, Nicole Weidauer

The Egerer & Weidauer Team, Keller Williams Realty North Seattle

 

Sep 13, 2008 03:02 AM #8
Rainer
139,221
Kirsten Mellinger
Emerald Funding & Realty - Simi Valley, CA
Ventura County Real Estate

Great response!!!  Being in Southern California, you can imagine how often that question comes up! Some areas are doing better than others, but it still goes back to price & location.  I can't 'til the next time I'm asked!

Sep 13, 2008 03:28 AM #9
Rainmaker
30,612
Matthew Haviland
Keller Williams Realty Atlantic Shore - Atlantic City, NJ

Thank you all for your comments.  Let's continue to spread the word that this is a market of opportunity.

Best wishes,

Matt

Sep 15, 2008 04:43 AM #10
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Rainmaker
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Matthew Haviland

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