Don't believe the doom and gloom.....

By
Real Estate Sales Representative with McEnearney Associates

Realtorpin.jpgWe live in the Washington, DC metropolitan area, and if there ever was a 'good thing' about the future, the election of Barack Obama as the 44th President of the United States will not only add more consumer confidence...but that alone is adding 18,000 jobs to our neighborhoods!  That doesn't mean 18,000 new people will be coming in with the Democrats....but it is job growth...and when most of the country is loosing jobs, this can only be good for our market.

The most important job right now is getting back to the basics of real estate....getting your listing presentation finely tuned, keeping in contact with past clients and giving them information they need and can actually use.  Go to educational classes given by lenders to keep current with the new loan programs...learn new technology. 

Just a note about the local market...we are seeing real signs of change....the closer you are to DC, the better.  We are still seeing multiple contracts and homes are selling!  If you go farther out, but still in commuting distance to DC, the market is WILD!  Prince William county, full of foreclosures and short sales, the increases are in the triple digits over last year.  Learn to do short sales and actually go back to why you went into Real Estate in the first place, to help people!

Go to my website http://www.suzanneleedy.com and click on the "market watch" section to read all about the local market in the October Stat Pack.

Realtors tend to be optomistic people in their genes...we need to be the cheerleaders for people in this tough economic climate!  Be happy and think positively.... and remember "Thoughts become things, choose the good ones"!

Comments (4)

Valerie Springer
Benchmark Mortgage nmls 2143 - Birmingham, AL
Home Loan Officer AL, FHA, VA, Conventional and Re

I hope you are right on the political front.  I just financed a client moving from D C and their home sold very quickly.  I am glad you are seeing an uptick.  Hoping it will spread across the nation!

Nov 20, 2008 02:49 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Excellent advice.    Thanks, too, for the update in your area.    Good to share, aa there are overall trends, even though specific regional outcomes.

Nov 20, 2008 03:32 AM
Hollis Tidwell
MoneyCafe USA,llc - Denver, CO

Don't mean to use this venue to make a statement but your comments are I believe misleading. Maybe in Washington proper wherer the population base is so biased but not in America, Just look at the market since the election and the markerts around the worse, Worse since the depression mostly over the concerns of America not having the leadership to help out. Read some foreign news papers other than socialist papers and you will become better educated.

I am amazed that anyone if informed could ever make the statement that this new elected president could bring positive change to America. Socialism is not and has never been good for any country. Not to mention the fact that he has ZERO, NADA experience in busness. So if you are saying that we could walk down the street and pick a person who probably couldn't read a balance sheet, a P&L or never had to make decisions on running a business and has no clue of what economics is, is even worse a lawyer by education only and expect this person to bring our economy alive you are in for a big surprise. I would suggest to you that the reason you are seeing these extremely down turns in the market since the election is because the street  both wall street and in a short time main street is deeply concerned with this shift to a socialist party control in the Congress , Senate and presidency. It will not change anytime soon if ever to the good, and unless he has a magic wand he willl be roasted by his own shortly since he is considered the anti christ by his cult followers and will have no effect. Sure it will recover in time and he will not be the reason. Therefore, I would suggest looking for more positive reason to help our markets grow by standing up for what America used to be about, capitalism and the growth of the small business owner of which this new president has promised he will surely destroy with their taxes and unbroken promises. I just don't buy the pie in the sky cult beliefs and can't stand and see American destroyed by so many uninformed people. See htt://www.howobamagotelected,com and you can decide.  

Nov 20, 2008 03:34 AM
Anonymous
Suzanne Leedy

Sorry your guy lost the election....my post is not misleading as you suggest, but rather a factual account of the market I live in.  The truth is that all Americans need to pull together in this time of stress and do what we can to bring us back where we should be after years of failed policy, a war we should not be involved in, and an unregulated Wall Street....I know, I know the Clinton administration was partially responsible.

I am merely saying that optimism is an important trait we can all resurrect.

Nov 20, 2008 03:54 AM
#4