Is the market so bad,

I know that there are pockets around the country that the real estate market is struggling. Where house prices are taking a beating because of huge increases in value due to HOT sales in previous years, but I truly believe that the rest of the country is not in as bad a shape as the newspapers claim to be. We as a whole should remind ourselves of the amazing times of sales not too long ago and be appreciative and stay focused on what it takes to be a professional Realtor or those who are in the family of the real estate market. In every economy there will always be major ups and downs. The key is how we make of those fluctuations in the market. Twenty years ago, houses were a bear to sell. Your customer had to have great credit and a sizable down payment and be willing to pay 15-19% interest rates. What a difference compared to now! We still can get 100% financing in rural areas and with VA, and FHA with 3% down and interest rates below 6%. It could be a better real estate environment, but it has been a lot worse. I say to all that read this blog, it is time to look at the glass half full and really appreciate all the potential out there.

I would appreciate to hear from as many others as possible to share your opinions and possibly directed thoughts on what can be done to make our world move back towards the positive.

Mark Chesnick
Blanchard and Calhoun Real Estate Co
706-495-1533