http://www.therealestatebloggers.com/2006/09/11/when-the-real-estate-market-changes-the-blame-game-begins/ Real Estate Blog, Mortgage, and Development News Sat, 20 Mar 2010 11:25:08 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.therealestatebloggers.com/2006/09/11/when-the-real-estate-market-changes-the-blame-game-begins/comment-page-1/#comment-6174 Benjamin E. Bivens Wed, 13 Sep 2006 01:11:06 +0000 http://therealestatebloggers.com/2006/09/11/when-the-real-estate-market-changes-the-blame-game-begins/#comment-6174 In a new blog site dedicated specifically for consumers by consumers there is an article that appears in Motley Fool, which I believe is sound advice to any consumer out there. My opinion is that there is going to be a transfer of wealth soon as markets fill up with inventory and sellers start to panic and drop prices, increase selling incentives and basically liquidate to get out. We've already seen that happen in the greater Washington DC area, where builders of speculative high rise condo conversions are putting BMW Z4's in garages of recently sold condos for buyerrs and giving vacation packages and intense bonuses to real estate agents for selling thier units. That is just one indicator. The big one is inventory and the amount of time it will take to clear off the market compared to the amount of buyers out there to purchase at the prices offered. In some pockets there is still very high competition and demand for these properties. A good broker is going to have anticipated the shift several months in advance by keying into major factors and minor hints of a change. Sometimes the consumer will not believe it, but when they enter the market they are totally blindsided. This site is pretty neat http://blog-e-state.blogspot.com/ it actually has been created to provide consumers with a voice as leverage putting the control back to the people. And hey they can also give praises to their service providers if they want. I've heard of so many people that have had a bad real estate experience, and especially in a transitional market there can only be more. Only the truly professional service providers will survive the upcoming market shift. It will actually weed out a bunch of the chaffe and part timers as well as allow for a great investment market. As Robert Kioysaki said in an interview with FSB a while back that he was wating and praying for another real estate crash, well Robert, Let the shifting of the wealth begin! I'm ready! In a new blog site dedicated specifically for consumers by consumers there is an article that appears in Motley Fool, which I believe is sound advice to any consumer out there.
My opinion is that there is going to be a transfer of wealth soon as markets fill up with inventory and sellers start to panic and drop prices, increase selling incentives and basically liquidate to get out. We’ve already seen that happen in the greater Washington DC area, where builders of speculative high rise condo conversions are putting BMW Z4’s in garages of recently sold condos for buyerrs and giving vacation packages and intense bonuses to real estate agents for selling thier units. That is just one indicator. The big one is inventory and the amount of time it will take to clear off the market compared to the amount of buyers out there to purchase at the prices offered. In some pockets there is still very high competition and demand for these properties. A good broker is going to have anticipated the shift several months in advance by keying into major factors and minor hints of a change. Sometimes the consumer will not believe it, but when they enter the market they are totally blindsided.
This site is pretty neat http://blog-e-state.blogspot.com/ it actually has been created to provide consumers with a voice as leverage putting the control back to the people. And hey they can also give praises to their service providers if they want. I’ve heard of so many people that have had a bad real estate experience, and especially in a transitional market there can only be more. Only the truly professional service providers will survive the upcoming market shift. It will actually weed out a bunch of the chaffe and part timers as well as allow for a great investment market. As Robert Kioysaki said in an interview with FSB a while back that he was wating and praying for another real estate crash, well Robert, Let the shifting of the wealth begin! I’m ready!

]]> http://www.therealestatebloggers.com/2006/09/11/when-the-real-estate-market-changes-the-blame-game-begins/comment-page-1/#comment-6118 Kaye Thomas Mon, 11 Sep 2006 19:21:39 +0000 http://therealestatebloggers.com/2006/09/11/when-the-real-estate-market-changes-the-blame-game-begins/#comment-6118 Excellent article.. I just posted somethng very similar on my blog. No one wants to accept that real estate values go up, go down and sometimes do nothing because real estate is controled by supply and demand. No one has control of what real estate other then the people directly involved.. buyers and sellers. Excellent article.. I just posted somethng very similar on my blog. No one wants to accept that real estate values go up, go down and sometimes do nothing because real estate is controled by supply and demand. No one has control of what real estate other then the people directly involved.. buyers and sellers.

]]> http://www.therealestatebloggers.com/2006/09/11/when-the-real-estate-market-changes-the-blame-game-begins/comment-page-1/#comment-6110 Nine 9/11 links . . . | BloodhoundBlog | The weblog of BloodhoundRealty.com in Phoenix, Arizona Mon, 11 Sep 2006 15:08:02 +0000 http://therealestatebloggers.com/2006/09/11/when-the-real-estate-market-changes-the-blame-game-begins/#comment-6110 [...] It doesn’t do to insist that the sky cannot fall. Five years ago today it did. But The Real Estate Bloggers have a nice take on bubble frenzy: “Will we see the huge housing increases again for a while on a national level, probably not. But will we see wholesale carnage on the horizon? I sincerely doubt it. A deep breath and a little logic will go a long way to understanding the market.” Amen. [...] [...] It doesn’t do to insist that the sky cannot fall. Five years ago today it did. But The Real Estate Bloggers have a nice take on bubble frenzy: “Will we see the huge housing increases again for a while on a national level, probably not. But will we see wholesale carnage on the horizon? I sincerely doubt it. A deep breath and a little logic will go a long way to understanding the market.” Amen. [...]

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