Here are some
incredible real estate stats! Don't just sit around and wait! Read the full
blog post here: https://robrosarealestate.blogspot.com/
This is uncharted
territory, much different than housing crash of 2007. There were warnings in
2003 with mortgage derivatives, unregulated loans, interest only and adjusted
rate loans.
Hartford County -
central CT single family home statistics
- Sold by week were
normal, nothing out of the ordinary.
- Average price of
homes sold per week, again, normal, nothing out of the ordinary BUT wait...
- Pending
transactions (under deposit, continue to show, contingency). Having much longer
closing times. Need to work with experienced real estate agents and loan
officers.
For Buyers, now is
the time:
- Standards to get
loan increasing
- Work on credit
repair and saving
- Get longer rate
lock For Sellers, now is the time:
- Prepare to sign
extension requests
- Work with an agent
to sell who knows the 4 Ps of marketing: Product, Price, Place and Promotion.
Here's what you can
do:
- stay positive
- don't put your
head in the sand
- learn new talents,
get creative with your daily activities
- IF IF IF you are
healthy, get one of those essential worker jobs
- don't think you
can just rely on the government. The
stimulus money will go quick.
- don't adopt the
victim mentality
- plenty of bargains
for buyers
- values are still
good for sellers
My Creed by Dean
Alfange "I do not choose to be a common man. It is my right to be
uncommon. I seek to develop whatever talents God gave me—not security. I do not
wish to be a kept citizen, humbled and dulled by having the state look after
me. I want to take the calculated risk; to dream and to build, to fail and to
succeed. I refuse to barter incentive for a dole. I prefer the challenges of
life to the guaranteed existence; the thrill of fulfillment to the stale calm
of utopia. I will not trade freedom for beneficence nor my dignity for a
handout. I will never cower before any earthly master nor bend to any threat.
It is my heritage to stand erect, proud and unafraid; to think and act myself,
enjoy the benefit of my creations and to face the world boldly and say – 'This,
with God's help, I have done.' All this is what it means to be an
American."
For more real estate
ideas, subscribe to my YouTube Channel! Where I hang out online... https://www.facebook.com/robrosarealtor
http://ctrealestateselling.com http://ctrealestateschool.info
https://www.linkedin.com/in/robrosa
https://www.instagram.com/ctlivingwithrobrosa
http://robertrosa.bhhsneproperties.com Rob
Rosa is a licensed
real estate broker in CT Berkshire Hathaway HomeServices New England Properties
1160 Silas Deane Highway, Wethersfield, CT 06109
