5,104,931
Here's one change I'd love to see: have the NAR disappear.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Sharon & Bruce Walter
Lafayette, IN
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Olga Simoncelli
New Fairfield, CT
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Frank Rubi
Metairie, LA
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Doug Dawes
Topsfield, MA
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Carol Williams
Wenatchee, WA
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Ron and Alexandra Seigel
Carpinteria, CA
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Barbara Todaro
Franklin, MA
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
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Fred Griffin Florida R...
Tallahassee, FL
2,684,109
The Federal Government destroyed the automobile, through CAFE (absurd mileage requirements). Cars got smaller and smaller; the Public doesn't want them. That is why more than 60% of vehicles purchased are pickup trucks and full-size SUV's.
Ford is dropping ALL cars, except Mustang, Focus (overseas), and Fusion (until March 2019, then it will be gone).
GM / Chevy is dropping the Impala (!), the LaCrosse, and several more.
As to the Real Estate industry:
NAR makes the list of destructive forces.
The internet - consumers can shop online, via Zillow and other sites.
Realtor greed. "Coming soon" signs that help Realtors double-end the deal.
Stupid Realtors - for example, the Houston agent that included trashy half naked models in the MLS photos.
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Debe Maxwell, CRS
Charlotte, NC
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Olga Simoncelli
New Fairfield, CT
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Frank Rubi
Metairie, LA
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Doug Dawes
Topsfield, MA
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Carol Williams
Wenatchee, WA
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Ron and Alexandra Seigel
Carpinteria, CA
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Barbara Todaro
Franklin, MA
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Bob "RealMan" Timm
Minot, ND
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Candice A. Donofrio
Fort Mohave, AZ
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Bob Crane
Stevens Point, WI
4,800,082
And, when the next gas crunch comes, there will be a lot of trucks and SUV's being dumped and a renewed demand for fuel efficient cars.
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
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Doug Dawes
Topsfield, MA
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Dario Ferreira
Attleboro, MA
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Ron and Alexandra Seigel
Carpinteria, CA
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Barbara Todaro
Franklin, MA
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Bob Crane
Stevens Point, WI
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Bob "RealMan" Timm
Minot, ND
5,583,278
in New England, most have an SUV.... I always had a Jeep Grand Cherokee and a fun car ( BMW hardtop convertible).... no I just have the fun car!!!
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Debe Maxwell, CRS
Charlotte, NC
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Olga Simoncelli
New Fairfield, CT
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Silvia Dukes PA, Broke...
Spring Hill, FL
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Doug Dawes
Topsfield, MA
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Ron and Alexandra Seigel
Carpinteria, CA
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Bob "RealMan" Timm
Minot, ND
716,049
You are likely correct. I seem to have read from several sources that people buy more SUVs than cars. Why Ford is no longer selling cars, only SUVs and trucks.
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Bob "RealMan" Timm
Minot, ND
6,393,609
The coming shift is evident to those who follow the signs, many opportunities ahead, get out your checkbook.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Kasey & John Boles
Boise, ID
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Bob "RealMan" Timm
Minot, ND
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Fred Griffin Florida R...
Tallahassee, FL
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Bob Crane
Stevens Point, WI
1,598,452
I have SUV.
With rains in our area it is very convenient.
My mom loves a "normal" car.
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Ron and Alexandra Seigel
Carpinteria, CA
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Bob "RealMan" Timm
Minot, ND
2,390,620
I am no longer on the front lines as a Realtor Annette Lawrence , Palm Harbor, FL 727-420-4041 but in Minot ND it is obvious that the buyers are much more hesitant to jump in despite a very good economy in out area. It still seems that new homes in new neighborhoods are selling the best but it is unusually slow considering a great economy.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Barbara Todaro
Franklin, MA
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Bob Crane
Stevens Point, WI
1,196,798
So much so that even FORD is concentrating on the Pickup Truck/SUV market
I see the digital RE Market expanding with transactions being completely internet based. I've heard of some.
The employee model, or a version of it, may take hold.
Technology will advance by leaps and bounds.
BUT, I still see the need for a personal touch, eyeball to eyeball, belly to belly desire.
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Debe Maxwell, CRS
Charlotte, NC
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Chris Ann Cleland
Gainesville, VA
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
2,178,603
I have resisted the long time trend toward SUV. I prefer my AWD car. I will be sad if they stop making them.
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
2,071,025
I like sedan.
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Carol Williams
Wenatchee, WA
809,258
In my local area price appreciation has exceeded average income and locals are being priced out of the market. We'll continue to to have sales because we are one of the top cities people are moving to across the country and people are coming from wealthier places with more cash, but at some point something is going to have to give.
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
3,345,091
Will the real Annette Lawrence , Palm Harbor, FL 727-420-4041 please stand up?
Foreign investors - blockchain
I cannot find the link to an article I read the other day on this. If I find it I will share it with you. I sent it to my son - so it should be in my email.
Cannabis - and funds used to purchase dispensaries - tracking all-cash purchases - blockchain is a part of this.
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
5,216,409
While the trend may be towards SUV’s and trucks, I am resisting. But will relent in the future
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
2,436,099
I think in Montana, it was more like 80% were Trucks or SUVs. On my last trip we were keeping an eye on the vehicles. Where I am now in NY I think it's probably 25% trucks/SUVs. So as with real estate, it's local!
As for real estate, this is not what IS coming, but what I could see way in the future. I think buyers would love to be able to use totally online tools for buying their next house. Pull out your phone, look at available homes, be able to see a streetview of the neighborhood at different hours of the day, take a 3D walk-through virtual tour, maybe go see it in person if they really wanted to via a robot-tour, 3-d avatar or (gasp) an agent, be able to see past sales data etc, make a decision and then click "make offer." Offer is electronically submitted to seller or listing agent. back/forth finally gets accepted offer and the buyer hits "Purchase". They select whether to use cash or mortgage. If cash, money transfers to escrow account automatically pending title process which would only take minutes as systems pull all appropriate details. Deed transfers automatically and is filed with appropriate authority. If there was an agent still involved in the process, their commission is automatically transferred to their brokerage and pow-into their bank account. If mortgage, the buyer can choose the appropriate mortgage from the choices given, and again, everything would be online.
Agents would be more useful on the seller side if they could provide some of these nifty tools - work with me, and you don't have to lift a finger! My marketing will be included in the new-nifty-online-buy-a-house tool. I'll provide an amazing door-to-door 3D video tool. For an extra fee, my housekat showing 'bot will prep your house for showings, let in the buyers, guide them through the home, record all discussions, let them out and lock up. You don't have to do a thing!
I could go on and on, but have to run out!
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
1,153,794
Another gas crisis and the American automaker will be out of luck. Within a decade I see all-in-one kiosks for home purchases which will qualify & approve loans, provide insurances and printing out closing statements. Associates will still collect small fees for opening doors though and all made possible through the veil of technology. It'll be a side venture for Uber.
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
7,836,164
I prefer my Honda Accord for economical transportation.
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
2,781,173
for years sellers would ask for prices and get them. We forget the pendulum swings both ways. Now, there will be negotiations for price, repairs & ...?
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
1,712,676
I like to sit up myself. We have 3 SUVs.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
5,772,575
The SUV phenomena is true in the luxury end of it also. I am happy that electrical cars have become a significant trend. I think you have some excellent answers from the group. No need for me to repeat.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
5,230,113
As Fred Griffin said, in our industry, NAR is eating its own.
Online syndication sites continue to out-rank those 'in-the-know' locals, hood-winking the consumer.
I've shown more homes in the past 6 months that are listed by agents who aren't 'present' to answer any questions - muchless have a conversation with. But, they're representing a higher number of sellers than I've seen in the Charlotte market.
As for GM - we SHOULD be outraged - we saved them and our industry suffered as the U.S. bailed them out. Now, they're tucking tail and keeping their overseas plants but, closing U.S. plants, putting the very people whose taxes were used to resurrect their business during the recession, out of work now.
I hope the entire U.S. boycotts GM. Don't let the border hit you on your way out of our great country, GM!
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Fred Griffin Florida R...
Tallahassee, FL
1,311,397
I bought my first SUV in 2000. Now, there are 2 SUVs in my garage.
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Debe Maxwell, CRS
Charlotte, NC
5,456
I've noticed the same thing, and I believe US automakers are shifting to producing more trucks and SUVs and ditching car production. I remember hearing that a number of years ago, just before oil prices soared driving gasoline prices over $4.00 per gallon! I shopped for RAM truck just before that happened but decided to get a Camry. I'm glad I did! I couldn't imagine what my fuel expenses would have been with a pick-up!
Now that we're on the subject of the shift to SUVs - why are many new homes still built with tiny garages? My home is 14 years old, and supposedly a two car garage. I dare say they must be talking about two compact or subcompact cars - it's that small!
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Debe Maxwell, CRS
Charlotte, NC
1,502,998
The pension liabilities is what is killing GM and the other auto manufacturers. Full salaries for workers long after they're retired and working somewhere else. I've seen it several times out here. 40k/yr from GM and 40k/yr from Verizon (or wherever).
Add to it that SUVs do not fall under the MPG requirements that cars do, that is why FORD is no longer making it's sedans.
Big brother at it's finest. Soon only SUVs and sports cars will be left... which will mirror my garage so I'm not worried.
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Debe Maxwell, CRS
Charlotte, NC
1,725,996
And add to that, GM will cease hearse production! Gettin' so no one can die in style!
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Debe Maxwell, CRS
Charlotte, NC
2,161,048
There are still plenty of people driving cars and liking cars myself included. Maybe it's because they haven't been making any nice looking cars lately. I have been driving Pontiacs (GM product) since 1991 and am currently looking to replace my G8 with a car (not SUV, etc) only to find that foreign made cars/makes fare much better in comparison and not only in looks.
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Debe Maxwell, CRS
Charlotte, NC
1,052,211
Gas prices are low and it's manageably cheap to fill up my F-150 . . .
But just like real estate markets, you hit a certain point, and there's nowhere to go but in the other direction:
https://gasprices.aaa.com/national-gas-price-average-dropping-toward-lowest-of-the-year/
" . . . market observers warn crude could see an increase following the Organization of Petroleum Exporting Countries (OPEC) meeting on December 6 in Vienna, Austria. At that meeting, OPEC is expected to curtail crude production by 1 million to 1.4 million barrels per day, which could cause crude prices to rise due to reduced global supply, in turn causing gas prices to turn higher in America."
Enough increase in gas prices could also mean an uptick in sales of those disgusting little smart cars I fantasize about running over in my F-150!
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Debe Maxwell, CRS
Charlotte, NC
5,868,554
3,071,489
4,936,705
3,986,258
1,844,301
Since this was on TV I've been noticing that is not true at least in my area. Kids start out in little cost efficient sedans.
3,164,294
well I think labor unions have ruined the american auto industry. And I believe real estate is local local local. We never had the value drops in my market like in many and our recovery was not on a time line with anyone else nor our fall. I predict a couple more great years in my local market.
4,434,127