Realty Blog

Our season is changing.

The delayed winter in the northern states has delayed our season.

Although we don't totally rely on the extra revenue generated during the seasonal months, it is really nice to see our economy stimulated by the visitors and returning 2nd homeowners from the northern areas.

We have seen a decline of visitors due to the delayed winter weather. What can we do about it?

Change the way we do business and survive, or do nothing at all.

Global warming is taking hold and not letting go. The Greenhouse effect has been caused mainly by humans and can only be changed for the better by humans.

Once we realize we have to go with the flow then we will all get along better.

Lets think about what we need to do about these issues not how we have arrived in the current state of change.

The power of one is good. The power of many is great.

If it is to be, it's up to me/us.

Roger Holden, Realtor

With today's changing market we all had to bend alittle. Sellers are giving more to Buyers to sell their properties. Buyers are expecting more from the Sellers. The Sellers expect the Realtors to lower the sale commissions. The Buyers are submitting even lower offers to get a good deal. The Buyers are buying into an unstable market where who knows what the property is going to be worth in another year.

When we were at the top of the market, the hurricanes hit and knocked out power for 2-4 weeks. No one was able to do business. Then the holidays came which brought in a traditionally slow time of the year for homes sales.

Real Estate stopped dead in its tracks for 3 months, this stimulated a fast drop in home prices and quickly changed from a Sellers Market to a Buyers Market.

The market has leveled out to the point where prices have finally come back to the point it was before the fast escalation in home prices started back in 2003-2004.

The real estate market has corrected itself with Sellers lowering their prices to stimulate sales. The Buyers are coming out of the woodwork because of lower homes prices, lowered insurance rates and a somewhat cap on property taxes.

THE HOMES ARE RIPE FOR THE PICKING TO BUY AT REASONABLE PRICES.

Roger Holden, Realtor, ePRO