Feb 25, 2012 | Posted by: roboblogger
I t's been six years since the real estate downturn began. And while thousands of Twin Cities agents have left the business, the market remains competitive.
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We have to evolve to survive. Short sales,foreclosures, 1st time home buyers are the majority of the market, adaptation or niche marketing are avenues for success. COST to do business has plummeted and competition gone away. Enjoy the moment be thankful.
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All those Short sales, and foreclosures their prices are still inflated. And those first time buyers think they are really getting a bargain. So this problem will never stop. People don't realized that everyone would have to be rich to buy a house.$300K is a quarter of a million which they have to pay. And those houses today at $300K were at $150K-200K before the bubble. |
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Since: Mar 12
Nairobi, Kenya |
Interest rates are making mortgages even more unaffordable for many and the construction boom has temporarily stalled, but demand for housing continues to outstrip supply......www.propertyleo.co m
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Since: Mar 12
Nairobi, Kenya |
nterest rates are making mortgages even more unaffordable for many and the construction boom has temporarily stalled, but demand for housing continues to outstrip supply....www.propertyleo.com
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Since: Mar 12
Location hidden |
there is a high demand in housing yet there are not much supply in jobs which could pay for it
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These agents are awesome, despite the economic downturn. See www.samandsandy.com for details.
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