This is and very old expression and applies to our present real estate market conditions. These are indeed exciting times for those who are wide awake and alert.
The real estate business in changing because of the Internet and the Mortgage Melt-down has thrown everyone a nasty curve ball.
However, I'm of the opinion that the basics of real estate will prevail. It always comes down to Location, Location, Location!
Sadly the mortgage meltdown fiasco will hurt those living, owning and working in the profession in the older larger communities of the Northeast. The affluent, most desirable communities will be OK for the most part. In these communities homes prices will drop but not that dramatically.
It will come down to location + condition + timing + expert marketing + dedication to the business. These are not easy times but these are the times in which our customers and clients deserve, and need, our individual best and honest efforts.
I believe the business needs a big dose of total transparency and plain straight talk.
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