Housing Slump...Is it over?

By
Real Estate Agent with Remax Universal Realty

I know I'm going to get a ton of responses to this post saying I'm insane, but here's where I'm coming from. My local market was never really hit hard like the "bad" housing areas we hear about on the news. We didn't have the super boom like most had, so we didn't fall as hard when times got slow. 

 October and November '07 were really slow. Showing requests, listings, and closings were all down. However, my team mate and I have been having a record December and the pipeline so far for January is getting really really full. So far about 7 listings are ready for 2nd week of January, and buyers (without any SOP's thank god) are lining up quick.

I was at a local agent meeting (i.e- Bar night) and everyone else is talking about the "so-so" market. So, it seems that my team and others in our office are the only ones seeing this great emerging 2008 market because we're not talking ourselves into the bad market hype. I fully believe your personal view of the market dictates what your outcome will be. 

So, for all the people out there worried about the housing slump going on, your fears will be your reality in 2008. For those that push through and decide to take a positive spin on a bad situation, your thoughts will be your reality as well. 

Best wishes for 2008!

 

 

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Rainer
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Lisa Friedman
Alliance Realtors - Bedminster, NJ
Central New Jersey Real Estate

Great post Matthew.  I agree with you - attitude is everything.  I have had a fantastic November - December here in New Jersey with 4 sales in thirty days. There is business out there if you are looking for it.

Lisa Friedman http://www.LisaFriedman.com http://www.ViaForHealth.com

 

Dec 31, 2007 01:30 PM #1
Rainmaker
312,527
Carol Culkin
Reece & Nichols - Leawood, KS
Overland Park
Is it over? Not by a long shot....gotta work smart. Nothing comes easy! Have a blessed and Happy New Year!
Dec 31, 2007 02:56 PM #2
Rainer
85,131
Lance Winslow
The Car Wash Guy - Malibu, CA
Well, doubt its over and I am finding many people in Wisconsin are leaving, so there is a net loss of people living there. But you should be positive anyway. I hope you do great in 2008. - Oh and you need some pictures in your blog posts. - Lance
Jan 01, 2008 04:53 PM #3
Rainmaker
1,422,599
Tom Braatz
Re/Max Realty Center 262-377-1459 - Oconomowoc, WI
Waukesha County Realtor Real Estate agent,Waukesha

Matt

The market is just about to take off again. List, reduce, and get ready.

Have a productive day!

Tom

Jan 26, 2008 08:45 PM #4
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Rainer
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Matthew Barens

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