Friday, July 31, 2009

Here we go!

Not that anyone cares, but I'm diving into the blogging world... after talking with my BIC for a while, I'm convinced this is where my industry is going. Might as well start with baby steps...

I get asked several times every day how our market is doing. That is SUCH a loaded question! Homes are selling, but they have to be positioned correctly and priced right... therein lies the catch. "Priced right" these days typically means sellers aren't getting what they'd like. A lot of sellers are having to cut their losses and be satisfied to simply get out from under the payment and responsibility of a home (rather than making a huge profit). For many the consolation is that they can make up for some of that on the buying side, but even that is only a possibility and not a probability. We are blessed here in the Triad -- we never had a crazy bubble. So, instead of being down 26% on home prices, we are only holding steady. Disappointing to some, but many others in America would love to be in our shoes!

This was my inaugural post... short and sweet, but bear with me since I am new to the blogging world. Now I'm off to spend some time with my 12 week old!