What is going on in real estate in Orlando? I must get asked this question about a hundred times per day. I’m beginning to think I need to whip on my swami turban and cart around my “8” ball and start coming up with some snappy retorts. Where is it going? Well I think it’s going UP! Lord knows…we have been down long enough and it can’t go any lower. Good people are walking away from their homes and facing foreclosure, bad people are walking away from their homes and facing foreclosure, smart people are walking away from their homes and facing foreclosure…it’s an epidemic. Good news is that for most epidemics, there is a cure. It’s just sometimes the cure is as bad as the disease. Will we see many more months of price declines, will we see more foreclosures, and will we see more rentals? What will we see? I wish I knew. But this I do know…it WILL rebound. The market will turn. Real estate is a life force and you can not stop it. Everyone STILL wants to own a home. Many people are returning to the thought process that it’s actually a HOME and not JUST an investment. Everything points to the good. The paper (and this is totally shocking) actually reported some positive news about real estate and the fact that it looks like the bottom has hit. Heck, even Donald Trump is buying, buying and buying real estate. Why not? It’s a great time to buy. What is going on in real estate? It’s all a gamble but it has ALWAYS been a gamble. But one thing I know. It’s worth owning a home and it’s still the greatest job on the planet. I love real estate!
Archive for the ‘NAR’ Category
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The National Association of Realtors has FINALLY decided to come out and combat the negative publicity about the media’s coverage of the housing market. I feel that for too long the media has distorted the news about housing and no one has really tried to fight the press. People believe what they read and it is wrong!
According to an article written by Blanche Evans with Realty Times, the National Association of Realtors (NAR) has a new website that is designed to provide valuable information to the buyers and sellers of real estate. I can only hope that the general public will learn of this campaign to educate the mis-informed public through this webiste. I commend NAR for stepping up and making a strong statement in behalf of the housing industry.
The website can be found at www.housingmarketfacts.com
Good news, indeed!