Spam prevention
Rainer
279,248
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

We see it now!

Jun 14, 2018 10:36 PM
Rainmaker
629,063
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Well, do you believe that?

Feb 02, 2018 10:11 PM
Rainmaker
4,321,611
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Uncertainty in the economy.  You probably noticed that the Fed has not made any changes, and the oil prices are beginning to rise again.  A

Feb 04, 2015 05:34 AM
Ambassador
4,298,296
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Is it not up yet in your area, Kevin?

Feb 03, 2018 11:03 PM
Rainmaker
2,981,701
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I think it goes back to peoples' confidence that they will keep their jobs and income intact.

Feb 05, 2015 07:52 PM
Ambassador
881,581
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Many sellers have just recently realized a break even from the values they lost when the market slowed down, they're likely hesitant to sell right away now that things are finally 'back to normal'. 

I also think the economy is far more uncertain than the DOW has indicated over the past year - the unemployment rate is greatly exagerrated and doesn't reflect a stagnant job market, and wages haven't kept up with the rest of the economy, so there are fewer first time buyers and move-up buyers.  Add student debt into the equation, leaving recent college grads with a ton of debt and the entry level job market not offering wages to support the debt - they can't buy the homes that potential move-up buyers would be selling.  The past 6 years have created quite a mess.

Feb 04, 2015 01:44 PM
Rainmaker
2,394,765
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

FEAR of job stability and political uncertainty.

Feb 04, 2015 11:42 AM
Rainmaker
3,977,717
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't know where you live and work, but my Minnesota market is HOT!

Feb 04, 2015 10:50 AM
Rainmaker
4,796,551
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

The economy, mainly jobs that pay well and some ridiculous lending practices.

Feb 04, 2015 06:34 AM
Rainer
437,905
John Dotson
Preferred Properties of Highlands, Inc. - Highlands, NC - Highlands, NC
The experience to get you to the other side!

Kevin, in our market on the other end of the state, housing prices are still dropping. I think buyers are still uncertain of the economy.

We are located in the mountains in a second home community. My perception is that most folks are still worried about keeping their primary home safe and not splurging on a second or third home as a getaway.

I hope your market improves along with ours - SOON!

Feb 04, 2015 04:43 AM
Rainer
73,043
Devin Veith
Amp Realty - Louisville, KY

In my market, houses are selling for more money.  I believe it is due to a lower inventory of houses on market.That could be because there aren't as many foreclosures being listed.

Feb 04, 2015 02:31 AM
Rainmaker
1,508,051
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Credit challenges & lack of down payment. We are up from previous but our total # of closed was not as high as 2013 which is a bummer.

Feb 04, 2015 01:06 AM
Ambassador
3,981,962
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I think in many parts of the country it has rebounded. We never slowed down or had a severe revearsal so our market is steady and I hope it will pick up in spring. I think many buyers are complacent with rates being low for so long and some sellers still aren't happy with their selling prices and are holding off.

Feb 04, 2015 12:55 AM