Merry Christmas!!

By
Real Estate Agent with Key Real Estate Inc

     Right now, the mindsight that seems to be around us all the time is that of doom and gloom.  It makes me aware that it truely is a mindset. 

     Being in the Real Estate market,  it is hard not to be very aware of the troubles in the financial world with banking and real estate.  I was an agent back a few years ago when everyone was buying their home when the market and value on homes were in the high range.  It seemed everyone was selling or buying.  Now, where homes are being priced at an all time low, why aren't people buying like crazy!!.   A typical example is a a 4 bedroom colonial with 2 car garage on 2 acres would of been going for $300,000 or up.  Now they are going for $150,000 or so.   Many people ask when the real estate market value is going to return.  My feeling on this is not until the foreclosures are out of the way. 

     In any case, it's going to be very interesting to see where the real estate market ends up in the year 2009 in the southern parts of Maine and New Hampshire.

     So, in the meantime, I guess I'll bake cookies for Christmas and try to help other people with their doom and glooms.   Homemade cookies with just the right amount of sugar can fix anyone and anything.

In the meantime, I hope everyone has a wonderful Holiday season!!  And have a Christmas cookie on me!!

 

    

 

Comments (7)

Maggie Baumbach
Search Homes for Sale in Maryland at HelpShop.com - Reisterstown, MD

Hi Kathi, I think you have a very good point about affordability right now.  There used to be a lot bitterness about the steep price to enter the home owners arena.  I guess you are probably right about needing to clear out some of the forelcosure inventory before folks start acting on the great prices.  And I wish the 4.5% interest rate program would either begin or be ruled out so that folks don't just wait for the program before making any moves. I cannot blame them, I sure would love to have the opportunity to get a 4.5% fixed rate.  You have a Merry Christmas and bless your heart for being such a great cookie maker.

Dec 09, 2008 06:30 AM
Greg Nino
RE/MAX Compass - Houston, TX
Houston, Texas

Merry Christmas to you too!

Dec 09, 2008 06:52 AM
Sergio Rebollo Jr.
Real Estate TeamMates - Miami, FL

Kathi....Welcome to ActiveRain.  This is a great community to network with others as well a great place to learn from other's experiences and knowledge.  I've enjoyed it; I hope you enjoy it as well.  Congrats on your first post.

Sergio Rebollo Jr.
Exit Prime Realty
Coral Gables, FL  33134
305-582-4062

Miami Short Sale Specialist - Profile

Dec 09, 2008 11:31 AM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Dec 09, 2008 11:35 AM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Kathi,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to you!

-Keith

Dec 09, 2008 03:08 PM
Peg Gilliland
Charlottesville Solutions - Charlottesville, VA
Broker, GRI, CDPE

I see that you are new to Active Rain and I just wanted to welcome you. I hope that you enjoy it as much as I do and that you find it a great resource.

Dec 11, 2008 09:51 AM
Peg Gilliland
Charlottesville Solutions - Charlottesville, VA
Broker, GRI, CDPE

I see that you are new to Active Rain and I just wanted to welcome you. I hope that you enjoy it as much as I do and that you find it a great resource.

Dec 11, 2008 09:51 AM