Friday, February 13, 2009

"The Day the Market got better"

I was working hard in my office on new listings on Feb 9th, 2009, when my phone range.

...It was a investment prospect I had last talked to in August of 2007!!!! He was interested in making a purchase again after not have done anything in the past.., well should we say long time...
...A short time before that a land seller called that had not relisted his property, he was now ready to "do something"
...While getting my oil change, the attendant say my real estate name tage & said "I want to buy a home now!"
...a before that I had a development prospect interested again in developing a new retail center...He had been waiting things out for 9 months to a year.

It felt like that on Feb 9th, there was a surge of new activity, especially these "out of the blue" calls of people ready to get things moving again.

So I have officially labled Feb 9th as the day I reached the bottom of the market in terms of activity levels, no where left but up from here... Really throughout he start of the year, buyer, seller, prospect activity has really picked up, and I think it picked up even more in Feb of 2009.
I actually got pretty excited, I love the real estate business (even in a softer market) so I get really excited to see some activity levels coming back again.

So I am officially labeling Feb 9th, 2009 the day the market got better.

Thats all for now..I'm off to market another property, get that happy buyer & happy seller together for a wonderful deal.
Has anybody else had one of these "moments"?? I would love to hear about it. Leave me a comment.
Chad.
www.chadstewart.com

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