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This market's nuts!

I have four active seller listing presently and all are nice homes at a good price. Nobody's getting activity (showings). I call the agents in the areas I have listings and ask about their experience but keep hearing the same woes. Where are the buyers. Atlanta is growing by about 1,000 per month, [intown, per ARC #s] and they can't all be living in Post apartments? First time buyers take note. I have a lender partner with 400,000 dollars to give as free grants and millions more to lend at low rates even with no money down. This is the time to act. Get off your butt and call me. Let's get this party started. Blood is in the streets and we're at the bottom. You 'll never have a better opportuity than right now!! Best wishes!

Posted Wednesday Sep 12
(09/12/07 08:25AM) — Anthony Stokes-Pereira

Hi Randy,

Great post.... I am asking the same question...BUYERS WHERE ARE YOU? Things will get better.

Anthony

We are all asking that question.  Everyone has their own prediction as to when the bottom will hit, when in actuallity by the time they see it, they alaready missed it.  Same as the stock market, unfortunately I'm not sure what else we can do other than educate our peers about the opportunities in this market.

Buyers are out there....They're really plentiful....REALLY PLENTIFUL....just need to pull the trigger.

Same thing in Maryland. I'm thinking everyone has to live somewhere and if they aren't buying they must be renting (or just not moving at least with current owners). I may have to go buy myself some rental units to bring in income.

(09/12/07 10:20AM) — Jim Hogan - Atlanta Loan Source

Randy,  Great post.  As your degree in economics has always told you, when they buyers "feel" better about their future opportunities, they will take action.  The public is being bombarded with news about the mortgage meltdown, forclosures, etc.  How can anyone "feel" good about the future.  As the news media  finds the next story to headline, then and only then will people begin to take action.

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