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As I grow older---or younger as I'm sometimes accused of---I understand better the usefulness of contrast in our lives...the value of LIGHT after having been in the dark, the value of shelter after having lost a home, the value of a best friend after losing one, the value of RAIN after a drought and the renewed value of a dollar for the same reason in every season. Through the lens of contrast, I can, at one point, view LIFE as a complete loss---I will pretty much leave with most of what I arrived with---NOTHING...so, where is the value? Where is the equity, the unconditional love, the shelter, the return on investments, both financially and emotionally? WHERE IS LIFE kept anyway? Where does it RESIDE?? Where does it truly come to LIFE?
Sometimes we hear the phrase that something ‘takes on a life of its own'---much like real estate did this year. For some reason, hearing that phrase always stops my thinking/hearing in its tracks and my mind goes off on a tangent while the words of whoever is speaking become muted. I become perplexed at the mere notion of something in LIFE becoming detached or unrelated to the WHOLE of it---the endless panoramic that captures fleeting moments of our orbiting.
2008 turned out to be a year of dramatic contrast, epitomized in the presidential race, and historical
statistics and LOSS in the shakedown of major banks and the stock market and, of course, the real estate industry. Like a drought, there's been a severe draining, drying up, critical mass of symbolic cancers in corporations, emptying of foundational resources, including many homes gone to foreclosure. As a REALTOR, this hits my heart like a ton of bricks and mortar, as I operate from the premise that every house can be a home...but it requires a family, a household, a dream of shelter and usually a financed mortgage. Everyone I know has been jolted and affected by the economic shifts of 2008. The Opelika-Auburn, AL area, where I live and work, has had some good press in recent years, spotlighting this University town as a most viable geographical area for new business growth and development. In anticipation of the surge, building and development went full speed ahead in most recent years, some more experienced and visionary than others who merely jumped on the building bandwagon. This past year, however, even the best of them---the cream of the crop---were severely hit by the refusal of banks to continue financing construction loans on their buildable lots. Now some banks are ready to work with these builders & developers again, but the damage has been done, and most are no longer available. So much came to a screeching halt...a standstill of silence. Some new homes under construction were burned down out of anger. Unkind words were overheard and thrown around town---it all seemed so misplaced. I felt a HUGE LOSS and heard the shattering of broken hearts and homes, families and dreams, especially for the builders and developers that I worked closely with since I began in this business just a few years ago...the ones that encouraged me and inspired my
efforts. I was able to learn so much, first-hand, about building a house, developing land, having a vision---and a marketing plan. I grew to LOVE the land, the homes, the vision, the people who came along and saw the value of anchoring their dream of a home to one of these new houses. It was a world I came to live in and work in---and loved...and the one that came crashing down this year with foreclosures and Chapter 11. One particular development, THE COTSWOLDS, is particularly tragic to me, and I still cannot drive through the place without feeling a heaviness choke my spirit. Not so much for the loss of potential sales, but for the loss of a vision for Auburn that I believed was so inspired and even prophetic for a town like this---and now it remains to be seen. Some of the most beautiful homes I've ever walked through here in Auburn were built as spec homes at THE COTSWOLDS---and remain empty, surrounded by skepticism and poor judgment. The one I've done this video on is nearly 4000 sf and sits on a beautiful half-acre---with no family to make it a home. The subdivision is quiet now...hibernating...hopefully dreaming of renewal in the not too distant future...perhaps waking up to Buyers who can capture the essence of what this vision once was---they'll be able to see the intrinsic beauty of this land. My gut feeling is that in about 5 years, these homes will be happily inhabited and no one will remember this story. TODAY, however, the last day of 2008, I AM REMEMBERING the story of THE COTSWOLDS in Auburn, Alabama, and the at least 11 Chapters of Change that hit the real estate market in this county this year. It's occurred to me that I need to acknowledge the LOSS, the sadness, the heartache for these nearly abandoned homes and for the individuals and companies who designed and constructed them and had to let them go, along with their livlihood. It suddenly feels very important to me, that LETTING GO and SAYING GOODBYE to the way things were is a soulful requirement for embracing the landscape of 2009...a lot of wilderness. And so I put my offering on this cyber-covered table... offering up my grief for the LOSS of dreams this year, offering my heartfelt sympathy to the builders and developers whose lives & families were deeply affected by these changes. I offer my strength and best hopes for families who have been evicted or lost their homes and jobs.
While a musical requiem is traditionally calm, this one of words is a prayer that I offer for rest within the contrasts, for a place of peace between what has dearly departed in 2008 and what is upon us for 2009. Lux perpetua luceat eis, ie, let light perpetual shine upon you.
(THE COTSWOLDS landscape)
In requiem, the hymn that brings us to our soulful center and often to our knees, LIFE just never can be a complete loss or a complete gain, because so many aspects that we don't even see or understand are what make it WHOLE. It seems to be a lifelong study of contrasts. I trust this, knowing, at most, that I can only be an offering. LIFE is about letting go...it is a response and a requiem---and a reason for embracing another year, 2009. In contrast, LIFE, at its best, appears to be a WORK of heART, and LIFE, in its essence, appears to be a journey of SOUL magnitude. IT'S SO CLOSE TO HOME.
[CLICK HERE to view a DREAM HOME for sale at THE COTSWOLDS]
© Copyright of photos and content, 2008. Mara Hawks, All Rights Reserved
Active in Alabama, Mara Hawks, REALTOR with FIRST REALTY of Auburn, AL, #1 Real Estate Team in Lee County, THE LEADER in professional real estate services in Auburn, Opelika & Lee County for over 3 decades! Committed to INTEGRITY, KNOWLEDGE & SERVICE.
SEARCH FOR HOMES IN AUBURN-OPELIKA, ALABAMA at www.marahawks.com
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Not sure if folks saw this or not. I'll be honest with you, I didn't. To tell you the truth, I hardly ever watch the Today Show. Not because I'm not up and out of bed early enough like most realtors in my area, but because I'm too busy getting myself and my family ready for the day while the show is on.
It's rather exciting to have our little corner of the universe featured on the Today Show though. Here ya go:
http://today.msnbc.msn.com/id/26184891/vp/28193890#28193890
I really like Barbara Corcoran. She's an out-of-the-box thinker in an in-the-box world. You can check out more about her and her company here.
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You don't want to miss the Christmas Tour of homes in Auburn, Alabama. This year the Auburn University President's home and the Jule Collins Smith Museum of Fine Arts will be on this year's annual Loveliest Village Christmas Tour of Homes sponsored by the Auburn Preservation League. The tour is Saturday, Dec. 13, 10 a.m.-4 p.m., and Sunday, Dec. 14, 1-4 p.m. Tickets for the tour are $20 and are available at the Auburn Chamber of Commerce, Behind the Glass and Auburn Hardware. The cafe at the museum will be open Saturday for lunch from 11 a.m.-2 p.m. Reservations are encouraged by calling 844-7016. The museum is closed on Sundays and will be only on the tour Saturday. Visit this link for details of the other homes included in this year's tour or call the Auburn Chamber of Commerce for more information at 887-7011.
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The following report is calculated by the Alabama Center of Real Estate. This report, along with more detailed information, can be found on their website: http://arerec.cba.ua.edu/ Are you considering a move into or out of Lee County Alabama? If you would like to receive these monthly reports, emailed directly to you, along with other local area information, feel free to contact me with a request. 



NAR UPDATES: The marketplace is as vulnerable as ever, especially this time of year, to fraud. The Treasury has spelled out an alert and warns against "private offset bonds." Read, too, on how the Stimulus Plan will bring some changes to the market.:
A notice directed to REALTORS® warns about scammers' attempts to use fraudulent bonds to buy houses. If a buyer tries to use a "personal promissory note" or "private offset bond" to buy a home, the matter might be an attempt at fraud and members should let the U.S. Treasury Department know, the Treasury's Office of Inspector General says.
REALTORS® Mobilizing for Stimulus Plan - NAR is mobilizing hundreds of REALTORS® to hold face-to-face meetings with elected officials to urge their support for NAR's four-point plan to calm jittery real estate markets and boost the economy. The four-point plan calls for the use of Wall Street rescue funds to ease the mortgage crunch by buying down interest rates, improving the home buyer tax credit, making 2008 high-cost conforming and FHA loan limits permanent, and protecting consumers by permanently banning banking conglomerates from real estate brokerage.
Active in Alabama, Mara Hawks, REALTOR with FIRST REALTY of Auburn, AL, #1 Real Estate Team in Lee County, THE LEADER in professional real estate services in Auburn, Opelika & Lee County for over 3 decades! Committed to INTEGRITY, KNOWLEDGE & SERVICE.
SEARCH FOR HOMES IN AUBURN-OPELIKA, ALABAMA at www.marahawks.com
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Buy low, sell high. That is the basic investment principle of any market. Real Estate, Stocks, anything you invest in, that is the rule. The question is how do you know you are at the low point and when will the downturn reverse itself? Of course there is no way to know for sure, but when it comes to the Real Estate market there are some basic indicators you can watch that will give you the opportunity to make an educated decision.
•· Is it a buyer's market or a seller's market? No question here, the sellers are anxious, and there are fantastic deals to be had.
•· Is financing available? The lenders are not giving money away "no questions asked" like they have in the past, but if you have a reasonable credit score, and your income versus your debts are not out of whack, it is easy to get a loan.
•· What are interest rates like? They are as good as we have ever seen.
•· From an investor standpoint how is the return? Rental rates are strong, occupancy rates are good. Short term appreciation is a concern, but look at the history of the local real estate market over any 3 year period and you see strong appreciation numbers.
•· Should I purchase a condo for my college age student or, rent? If you have a child living in your property it is usually the best case scenario possible. They can help find tenants, they can help keep an eye on the condition of the property, and usually save you considerable money over rent.
So when thinking about how to invest your hard earned money over the next few years, keep real estate in mind. You will be glad you did.
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