Rainer
280,028
280,028
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar
Rainmaker
630,351
630,351
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya
Rainmaker
5,774,279
5,774,279
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy
Uncertainty in the economy. You probably noticed that the Fed has not made any changes, and the oil prices are beginning to rise again. A
Feb 04, 2015 05:34 AM
Upvote
1
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Christina Botteri
Roseville, CA
Ambassador
6,917,738
6,917,738
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671
Rainmaker
4,323,300
4,323,300
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale
Rainmaker
5,540,607
5,540,607
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker
I think it goes back to peoples' confidence that they will keep their jobs and income intact.
Feb 05, 2015 07:52 PM
Ambassador
1,106,882
1,106,882
Catalyst Mortgage - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852
Many sellers have just recently realized a break even from the values they lost when the market slowed down, they're likely hesitant to sell right away now that things are finally 'back to normal'.
I also think the economy is far more uncertain than the DOW has indicated over the past year - the unemployment rate is greatly exagerrated and doesn't reflect a stagnant job market, and wages haven't kept up with the rest of the economy, so there are fewer first time buyers and move-up buyers. Add student debt into the equation, leaving recent college grads with a ton of debt and the entry level job market not offering wages to support the debt - they can't buy the homes that potential move-up buyers would be selling. The past 6 years have created quite a mess.
Feb 04, 2015 01:44 PM
Rainmaker
2,443,346
2,443,346
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!
Rainmaker
3,986,579
3,986,579
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.
Rainer
474,014
474,014
Preferred Properties of Highlands, Inc. - Highlands, NC - Highlands, NC
The experience to get you to the other side!
Kevin, in our market on the other end of the state, housing prices are still dropping. I think buyers are still uncertain of the economy.
We are located in the mountains in a second home community. My perception is that most folks are still worried about keeping their primary home safe and not splurging on a second or third home as a getaway.
I hope your market improves along with ours - SOON!
Feb 04, 2015 04:43 AM
Rainer
73,293
73,293
Amp Realty - Louisville, KY
In my market, houses are selling for more money. I believe it is due to a lower inventory of houses on market.That could be because there aren't as many foreclosures being listed.
Feb 04, 2015 02:31 AM
Rainmaker
1,884,898
1,884,898
Schaumburg, IL
Real Estate Broker Retired
Credit challenges & lack of down payment. We are up from previous but our total # of closed was not as high as 2013 which is a bummer.
Feb 04, 2015 01:06 AM
Rainmaker
3,988,194
3,988,194
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730
I think in many parts of the country it has rebounded. We never slowed down or had a severe revearsal so our market is steady and I hope it will pick up in spring. I think many buyers are complacent with rates being low for so long and some sellers still aren't happy with their selling prices and are holding off.
Feb 04, 2015 12:55 AM