July 2007 I made the decision to take an early out of my corporate career in order to pursue my dream in real estate. It was challenging to know that my start in the business would be at a time when the market was heading for a downturn. One year later, the depth of the downturn still has not been realized and may not be for another 9 months. This is a discouraging thought for a newer agent!
I am watching many agents leave the business. There are few answers. The number of houses available for sale in my neighborhood are increasing daily. The number of those listed for sale that are in a short-sale or bank owned situation are greater than 45%. I cannot count the number of foreclosures that are going to auction.
I wonder if we will see many homes "EMPTY" and "FOR SALE" as happened when Boeing laid off 60,000 in the '70's? The saying on the airport billboard was "will the last person leaving Seattle turn out the lights?"
By the way, why are the Boeing union workers striking during a time when most are struggling with making their mortgage payments?
My office is located in the heart of Lakewood serving multiple communities. I understand what families expect and need from their neighborhoods! I also offer assistance for military relocations.
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