Episodes
Monday Feb 16, 2009
Hampton Roads deflates a bit more in the housing market
Monday Feb 16, 2009
Monday Feb 16, 2009
This Podcast was brought to you by Alison Creamer: This podcast is a summary of Real Estate information for the Hampton Roads area. REIN stats show the Median Home Sale price for South-side Hampton Roads dropped again. The median sale price in Jan 2008 was 224.9 this Jan 2009 it is at 194k This is about where the levels were in 2005. My podcast is a reminder in 2005 the prices might have been lower but the rates were not. If you are a VA buyer , Military person or someone who plan on being in the area for sometime now is a great time to buy. Seller are flexible, rates are low and prices have dropped. It will be interesting to see what February numbers bring. It appears that in 08 prices dropped in February but peaked in July. I think that means if the trend happens again this is the lowest point for prices and we might expect to see a small rise in median sale prices as we go in to the summer months. Are you currently looking to buy a home in Hampton Roads ? I would like very much to talk with you about the options and trends. If you are a seller in this market you need someone who will give you the hard facts about what to expect. Its not always an easy job to deliver bad news or news we know the client does not want but this is not a time to ignore the facts. I spend a lot of time communicating what is going on. I will ensure you are aware of the market and allow you to make changes with your listing that will keep you ahead of the curve.
Friday Jan 23, 2009
January Thoughts
Friday Jan 23, 2009
Friday Jan 23, 2009
Still looking to buy a home ? Lets talk about it . I see tons of great buys.
Wednesday Jan 07, 2009
Thursday Nov 20, 2008
Winter is heating up !
Thursday Nov 20, 2008
Thursday Nov 20, 2008
Hello , I just wanted to comment on the recent buyer traffic in Hampton Roads. I currently have several listing 1. Virginia Beach 2. Norfolk 3. Portsmouth. It appears in the last 30 days I have had more calls on them than in the last 60 days. I wonder what give. Maybe buyers are seeing this is peak season. Get the home before the end of the year and have a fresh start. I'm hopeful my listing in Hill Crest farms gets a solid buyer soon. My two Norfolk listings are getting great activity and I might have one with a real solid buyer if the bank will approve the short sale. Portsmouth listings still seem to be pretty slow. No calls or traffic I have not even had an investor bite on this one ? Well I do think the buyers are seeing now is the time. GET the best deal of the century or wait another year to buy. Who know what the state of the economy will be then ? I know if you bite now at least you can get your interest free government loan and get all the new furniture or maybe pay off other debt at 0% wow how can you go wrong. ?
Wednesday Oct 22, 2008
Why are we in this Business ?
Wednesday Oct 22, 2008
Wednesday Oct 22, 2008
WHY are we in this business?
We ask ourselves this on a regular basis. As I sat in my business planning session today at RE/MAX Allegiance we all pondered this question. It's a tough situation for buyers, sellers and even agents. Everywhere I look it seems someone is being affected by this crisis. We hear about layoffs, Stock Market drops and the bust of the housing bubble along with a credit crunch. As business we spend the same amount if not more in this market on advertisements, fees, dues and associations. Now we have tech tools, websites, and a multitude of other expenses to keep ahead of the competition. There are days I wanted to shut down and scream doom and gloom just like everyone else. Instead I spent my time thinking wow I should be thankful I am successful. And I have been the past few years. I never in a million years would a thought I would earn a 6-figure income. Me, yes me the average student in school who had the hardest time not typing anything with out a misspelling or a grammar issues. (I still do) I did not go to collage or business school. I just have drive and determination. I choose to be successful. YES I think you can CHOOSE what you are and are not going to do in this world. I find my self-looking at basic skills. Door knocking, Open houses, ANSWERING my phone when it rings. Its time for us to get back in the game. Put those rose colored glasses on. You know the ones you had when you got your license. It seems that all we see is doom and gloom. I want to go back to the bliss of the unknown. I don't know what is going to happen. I have no idea if Ill still be around in a year or two. I can tell you this. I’m not quitter. I have no one to blame but my self if I don't get up and make something happen everyday. I just know I’m still willing to do what I can to be successful in any market that comes our way. I earned my license (YES EARNED) it in 2002, Heck no one gave it to me. I had to work for it. At that time I had no idea of a doom and gloom market. I was a hot tamale ready to jump in the car to every home. I was a team leaders dream. I was young aggressive and willing to soak in loads of time to make money. I knew nothing of the stress or the worries that comes with real estate. What happened to us? I think anyone who has been in this field for at least 4 years for some reason thinks we are all supposed to sit and wait for the calls to come in and the sale to just happen. I’m seeing now that was GRAVY and if you want to stay in this business its time to WORK What are my feelings about 2009 Market? It’s going to be a crazy roller coaster. I have to be at the top of my game. Work more earn less but be 100% in it. I am not going to find the freedom of what I do anywhere else. I love my job. I love my clients. And I love the feeling of success after a closing.Friday Oct 10, 2008
If you rent and you loose your home to forclosure
Friday Oct 10, 2008
Friday Oct 10, 2008
I was wondering what happens if the landlord does not pay the mortgage. Its sad when the renter no longer has a home because the owner did not payt the mortgage. What happens ? Who sees the the renter is not homeless. Oh my its just a whole nother issues of what todo in this market
Friday Oct 03, 2008
What do you think is important ?
Friday Oct 03, 2008
Friday Oct 03, 2008
Random Thoughts about what I think is important