All metrics – long-term, short-term, leading, trailing, macro, micro – point to a long, long winter for real estate. There’ll be some warm days and even months, but there’s no thaw in the forseeable future.
I can’t remember any time in the past 40 years when the major economic indicators were as unanimously bad as they are today, and getting worse.
OK… So the agent should be checking on the sign, I agree. However, unless the property is Vacant, shouldn’t the seller at least contact the agent to tell them to fix the damaged (or broken, or missing) yard sign?
I am not saying that the agent shouldn’t be responsible, however I also know that I do not drive by Every one of my listings Every day.
Great photo. The market is in rough shape but we will get through it.
I am mixed about a government bail out but all of the foreclosure will have a snow ball effect. The foreclosures will drag the market down even further which will cause more people to walk from their homes.
However, I just a sold a nice home on Lido Key to a UK couple. It was listed for $1.695m. It is a perfect storm for foreigners. Our market is depressed and their dollar is strong. The luxury market has been affected but not quite like the low end.
Robert Kerr says:
Love the picture; perfect for this market.
All metrics – long-term, short-term, leading, trailing, macro, micro – point to a long, long winter for real estate. There’ll be some warm days and even months, but there’s no thaw in the forseeable future.
I can’t remember any time in the past 40 years when the major economic indicators were as unanimously bad as they are today, and getting worse.
April 27, 2008 — 12:16 pm
Gerry (RealtyMan) Bourgeois says:
OK… So the agent should be checking on the sign, I agree. However, unless the property is Vacant, shouldn’t the seller at least contact the agent to tell them to fix the damaged (or broken, or missing) yard sign?
I am not saying that the agent shouldn’t be responsible, however I also know that I do not drive by Every one of my listings Every day.
April 27, 2008 — 5:23 pm
Marc Rasmussen says:
Great photo. The market is in rough shape but we will get through it.
I am mixed about a government bail out but all of the foreclosure will have a snow ball effect. The foreclosures will drag the market down even further which will cause more people to walk from their homes.
However, I just a sold a nice home on Lido Key to a UK couple. It was listed for $1.695m. It is a perfect storm for foreigners. Our market is depressed and their dollar is strong. The luxury market has been affected but not quite like the low end.
April 27, 2008 — 5:40 pm
Greg Cremia says:
Kids have been kicking signs since the day the first one was put up. Kids will be kids.
April 28, 2008 — 5:25 am
Doug Quance says:
>Robert: “but there’s no thaw in the foreseeable future.” That analogy works.
>Gerry: The property wasn’t vacant… 😆
>Marc: Glad you can find a silver lining in this cloud!
>Greg: I’m guessing that this sign was run over by a snow plow – not kicked by some kids.
April 28, 2008 — 8:00 am
Matt Gentile says:
We may start using this in our marketing here in Florida. Ha! Love it. Everyone is moving to Florida eventually, why not start now.
Matt Gentile (FloridaMoves.com)
April 28, 2008 — 9:39 am