Archive for February, 2009

09th Feb 2009

Real Estate Transaction or Root Canal ???

Is this a Real Estate Transaction or a Root Canal???   One of my customers asked this question during a recent closing.  Can’t say I blamed him - transactions tend to resemble root canals for buyers and sellers these days.

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The stress is definitely showing on all parties.  Sellers are suffering the decline of their home value.  Buyers are suffering the indignity of lenders actually requiring documentation and, heaven forbid, some cash down.  Agents are biting each other’s heads off after being whipped by their client’s chain of pain.  Is there no end to the abuse?

Yes - we may be at the end of pain in Brevard County, Florida.  The phones are ringing, showings have increased dramatically.  Inventory has decreased, interest rates are wonderful, sellers are recognizing the reality of competitive pricing.  Welcome to the beginning of the end - we’re on the rise in Florida and know the trend will spread across the country!  Buy today and celebrate!

Posted by Posted by teri under Filed under General Comments 2 Comments »