Okay, so I am guessing that if you are reading this...you clicked the title because you COULD NOT believe it! Real Estate is HOT? WHAT?!!! Everywhere you turn right now, you hear something bad about the market. Orlando, Florida is down -6% appreciation. Miami is down -12% appreciation. The housing boom is blown to bits. The bubble popped all over you. It got all over your new pants that you financed with that lovely line of credit with all the inflated equity you "found" in your appraisal.
Well, don't be sad! Yes, there are some areas that are not selling well right now. There are some housing markets, where Realtors are going to jobs where they ask, "Do you want fries with that?". Yes, there is a little slump.
To me this is a TERRIFIC time to BUY property. Anyone here ever heard of this barely known gentelman...Warren Buffet? I believe he can be credited with the quote:
"Be fearful when others are greedy and greedy only when others are fearful."
To me, this means...BUY REAL ESTATE!!!! Yes, the market sucks. But what BETTER time to pick up amazing deals and HOLD ONTO THEM. Until what, you ask? Until the Market goes BACK UP. What goes up, must come down. What falls down, WILL get picked back up. It is the law of nature people!
I think I have just gotten so tired of everyone crying "bad market", "slow market", "sh**ty market" that I wanted to have my say here where someone may actually feel the same. In 5-6 years, the folks that bought property in late 2007/early 2008 will be RICH!!!
So don't be afraid to make low ball offers and start buying properties where you live. Invest in tomorrow, because then you may be the one with the comb over and Reality show...and the hot, foreign signifigant other!!!
Tracey Shrouder
360 Realty
Hi Tracey,
Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!
-Keith
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Hi Tracey,
I know realtors do a lot to get people to look at their listings. And when that buyer finally walks in who falls in love with a house it must be exhilarating, because we know that if they fall in love with it, they will likely make an offer.
How dissapointing then, that you have worked so hard, for so long, to get to this point only to have to sweat it out while the buyer's inspector combs this house from top to bottom !
And when the report comes back, those buyers with the dreamy eyes are suddenly wide awake and fully armed for battle. Negotiations are made under duress or else the deal goes South and you go home with empty pockets......
And it all could have been avoided........the Listing Advantage is your answer.
Tracey, Real Estate CAN be HOT right now. Advantage Inspection Clear View has your answer here.......
Call me to find out more about the best thing that ever happened to the inspection industry and our unique marketing programs, products and services.
Philip LaMachio 7 B Corporate Center Ct. Greensboro, N.C. 27408 336-327-5523