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Buying a House In a Recession
By William Raveis Headquarters on September 11, 2009 Market Trends, Recession | 10 Comments »
Bill Raveis equates today’s marketplace with past recessions and discusses the advantages
of buying in a recessionary period.
Topics: Market Trends, Recession | 10 Comments »
September 11th, 2009 at 3:10 pm
Bill,
What a great presentation! It is so clear and convincing.
I’m proud of you!
Edie
September 11th, 2009 at 3:40 pm
Thanks Bill! This is a great overview and provides a number of very helpful points when talking to prospects.
September 11th, 2009 at 8:29 pm
Good to see from the format of this email that management is using the new tools available for agents. We just attended the announse my move webnar and hope to use it ourselves soon.
September 14th, 2009 at 10:21 pm
Navigating the real estate market? Bill Raveis gives a common sense,concise presentation of current market conditions and offers tips for buyers to recognize and make the most of opportunities in real estate.
September 15th, 2009 at 11:37 am
Hi Bill,
Thank you for providing practical content and information for us to share with our prospects in a format that is attractive and appealing!
Linda
October 2nd, 2009 at 9:14 am
It is really good to hear geniune information, ideas and feedback from a company so successful in the business of real estate. I find myself feeling so much more confortable trusting the information delivered when considering the source, I think consumers and other agents do to.
October 9th, 2009 at 9:08 pm
This was very interesting. The interest rates won’t stay this low, so buyers should take advantage of the uniqueness of low prices and low interest rates that this recession affords them.
October 31st, 2009 at 9:15 am
This is best video I have seen that actually gives me numbers and tips to back up my decision and the prices I should be paying/selling for a house. I will be crunching my numbers to see where I stand, since I may be selling my starter house and buying another house ….
Real information, and not general statements that leave you just as undecided as before.
October 31st, 2009 at 10:29 am
Mr. Ravies,
I would suggest that your presentation refelcts a buyer’s position only. It gives no relief or support to a seller. Or those who list with your company.
This aspect pays little heed to the future of a community and relects an administrative position that has lead many communities to failure as all properties become in essence, blighted by a synthetic (Such as man made factors created by handful of financial schemers such as with the MIT based algorythims out of ENRON which were
later employed by dirivatives generators.
Natural aspects such as living near a volcano or in a flood plain or even faulty construction. These are the elements that should effect housing more than greed. not the illicite failure such as the faulty derivatives market has created.
Further it reflects a purely investor based position which as much as buyers want to see positive growth in the value of their home, it may retard this by responding too arrgessively to false market indicators or even uncertain or too rapdily changing forces such as the daily fluctuations of the Wall Street mentatlity.
I suggest that to succumb to what will one day be labeled as a scheme of questionable value if not financial practice and it’s backwash is a failure of fiduciary consequence. Not a business opportunity.
Recent discssion by experts is tending away from the predominace of the Wall Street empirical. That it is not the single aspect of financial balance. That it cannot be trusted as infallaible or even self correcting. What has brought this about is the precarious derivative that has put entities of all stripes at risk beyond a true fault line.. Not too mention the apsect of what Commentator Ben Stein reffered as a
discriptive of Wall street operators as the “Owners of America”. He did not express this as a good thing..
IE: Artificial response a has taken over..
Your firm has a predominate market share in our town and through out the county. You are not doing a service to your buyers or sellers much less the comunities you service by creating such a weak kneed and running scared business model for valuation.
I feel little or no effort is made in your presentation to protect the value of property but merely a body of agents chasing what has become an artificialy declining market.
Respectfully,
G Speno
November 5th, 2009 at 4:57 pm
Thank you for reading our blog and we appreciate your points. Our intention was to educate both buyers and sellers regarding this recession period.