Friday, November 12, 2010

Yesterday Was a Good Real Esate Day...


Getting together with a panel of local experts in the real estate business and having break out sessions proved once again that the real estate community has come together during a very hard time to help one another. We are not adversaries. We do want everyone to come to a win-win conclusion in any sale. Of course we represent our clients and there will be some negotiations here and there where while representing a client it may seem contentious. But, at the end of the day we are all here to help one another.

There does seem to be a growing concern about the number of foreclosures coming down the pipeline. It has always been a concern in Columbus, but we are hearing about higher price ranges coming on the market such as $300,000 plus category which has not been hit as hard in this area. So, we brace ourselves and hope we weather the next storms.

On a positive note, we are still very active and have been for 2010. Listings are selling and it is not just the internet where we are getting the calls. Newspapers, magazines, etc are playing a huge part in getting the homes sold. Rates have never been better and prices have never been better for buyers. Realtors are buying homes now which is a great sign!

Take care, Susan

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