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So, How's the Market??

By: Anson Simque
Wednesday, August 01, 2007 9:46 AM

Has anyone been asked this in the past 6 months? Probably everyone here...and it's probably due to the negative spin that the media is putting on the real estate market.

It seems like every time I turn on the new I hear about the "sluggish" housing market. I was just looking at some stats yesterday showing the latest numbers for existing home sales at an annualized rate of about 5.7 million units, that resembles the numbers that we where seeing in early 2004 when we where told it was a GOOD market! And on top of that, we have new home sales at an annualized rate of 834,000, putting us at over 6.5 million homes sold this year, to me that's a good market with plenty of oppourtunity to make some great money.

I think if us professionals will put some positive information out there, we might actually motivate more people to buy and we just might end up with even better numbers than what's projected.

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Comments

Lonn Dugan
Member Since '05

Lonn Dugan said:

It's the fourth best year ever in Real Estate, and my personal best.... how can I help you?

August 1, 2007 8:18 AM
Mary Welch
Member Since '04

Mary Welch said:

Anson, I had someone ask and tell me this exact same thing yesterday. He said, "how are houses selling right now, I heard things are selling good." I grinned ear to ear. From the first of the year, inspired by others on this blog, I have started a one woman campaign in my area to educate the public on the market and this is the first time I heard it come back to me. I was impressed with the power of positivity.

My year has been great and I have been very busy. I am not getting tons and tons of leads, but I am qualifying buyers and writing contracts. I am running out of inventory. Just got a new listing yesterday and I already know it will not be on the market long. We are not reducing our prices and houses are still selling. I am camping happily.

I am doing it the old fashion way. Talking to people. I would love to sit and let my website do all the work for me but it can't.

Hope everyone else is doing well or things are picking up in your area.

August 1, 2007 8:44 AM
Team Stevens
Member Since '03

Team Stevens said:

Its good but I am lucky to be in the 2 markets I work.  My 2rd market, not so good.  See the post on subprime lending if you want some answers.

We can put positive vibes our but we also need positive and accountable lending.  The foreclosure mess is just sad.

August 1, 2007 9:55 AM
Jay & Francy Thompson  REALTORS®
Member Since '05

Jay & Francy Thompson REALTORS® said:

"It's the fourth best year ever in Real Estate..."

Based on what?

August 1, 2007 11:09 AM

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Anson Simque
Westfield Realty Group

Anson Simque
Member Since '06

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