One of the driving forces behind our housing market is market /people mobility. In some markets this is a greater factor than in others. People move. Jobs move. People are relocated. People sell to retire.
A factor in this market that has a drag is the immobility that exists today. People can't sell so they can't move. Companies are laying off and closing and not relocating folks. If they do relocate you they are saying here is your new job location. The home buy out days are going the ay of the company car.
So in this market we must change and adapt of strategies. We have to be more local. But at the same time we need to use a network like active rain to do referrals for each other to help each other out. One thing I am doing when some one says they need to sell before they can move is helping them find a good agent. ActiveRain is my tool for this So when you say your market is slow have you identified the lack of folks moving into your area as part of the problem.
Real Estate is indeed local but I watch the out of state markets that feed my market as much as I watch my own.
