My New Blog

Every time someone finds out that we are in Real Estate, the first question is "How is Real Estate coming along?"  I don't always know why they are asking so I just ask them.  The answers vary from just curious to I was thinking about selling or buying.

The truth of the matter is simply that some is up and some is down with the trend being up.  We think that it is good going up but when it goes up, price is going up.  So you see, the higher price is good for the seller and maybe not so good for the buyer.  This sounds on the surface that we are trying to have it both ways.  That is not the case. 

The change in the market trend toward stabilization is going up.  In other words, you can now have a little more confidence that the decision to buy this particular property was a good one and the decision to sell was a good one.  And that is what is up about the market.  You can always complain that you paid too much or you got too little but a stable market with upward trends that are moving at a reasonable rate are good for both buying and selling.  In fact, they are also good for investing.  More people have more money and there is strength in the economy.

We have to stop the doom and gloom and look forward with a smile on our faces and trust in the future.