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.
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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog
On line at www.allmountainrealty.com Call at 706 579 1098
GOOD MORNING CHARLIE! Excellent that you know what markets feed your market and watch them! Great service for your clients! -- Gabrielle
You are doing a real service to your clients.
Good job.
Ginger
Hi Charlie, Good post. Thanks for sharing.
Best - Sash
Good points! I have to pay attention to events out of province, too, as my area is totally "non-local", and most buyers are from elsewhere.
Charlie...
It seems like our Newnan market is VERY local! We seem to be on fire right now.
Thank you all for your comments. Richard we may not be on fire here, but we have warmed up !
Warm is good. On Fire will come.
Ginger
Warm is good. On Fire will come.
Ginger