I dont know about you, but for me this has been a very long week, by Tuesday I was hoping it was Friday. My RE/MAX office moved locations and so its been a bit crazy. What I have noticed this week here In Tampa is that things are going to get better. As you all know we have been hit pretty hard, our prices here have dropped over 25%, my home has lost 30% of its Value in just 18 months! and so yes its been bad. But my fellow Americans I do see a light at the end of the tunnel, I know we all watch the news, "new homes fell by 10%" "existing homes sales fell by 10%" "this is the worst its been in the last 25 years", well you know what, I AGREE, but enough with the bad news, how about some good news! how about the fact that now our median price here in Tampa is $140,000 from the $245,000 a year ago, and now first time buyers and people with lower income can BUY HOMES, how about the fact that homes are starting to move and we are having some closings, how about the fact that my subdvision sold 3 homes in just this past week. I know its bad out there, and I know that people are going through very hard times, I get it! but I think that we should also share some good news with people so that they can start to feel confident again and start buying homes. I might be off base on this one, but I think its time to search for some good news in all this negative press, or we will never get buyers out to buy homes.
Friday, February 27, 2009
Thursday, February 19, 2009
Ok, so let me get on the bandwagon of the 75 billion dollars being spent to save our houseing market. Many opponenets to this bill are saying that we are rewarding bad behaivior and that we should not be bailing out people that have been iresponsible and negligent. Well here is my two cents on it for what its worth, while I do agree that there have been a few negligent and careless folks out there, we also have hard working people who for one were taken advantage off by there mortgage broker on these payoption ARMS, number two we have people out there that have lost there jobs not through any fault of there own but because our economy is in crisis right now, number three, we have people that purchased homes on the high end of the Market ( like myself) and then the floor caved in and we lost our value. I could go on and on, folks all these examples plus many more came through no fault of the individula but through the fault of greety brokers, greety banks, and if I must say some greety realtors, now we are all paying the price, and something has to be done about it and I believe our president took a step forward in helping these homeowners. If we can help automakers who for years have been careless, if we can help banks who for years have been greedy, if we can continue to pay CEO's who have been worthless, then come on folks we can aford to help the average Joe who is dying out there.
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