Re: Latest news - bad for sellers, better for buyers - but the standoff continues?
posted at 11/15/2010 4:46 PM EST
REMaven-FYI, the RE Market is good in Medfield compared to othere towns. Prices are down, no different than anywhere else, but there have been more solds this year than last. Why does posting a picture have to do with this discussion? I have often wondered why on business cards myself, though! ???
I thought this was an area of discussion! But, since you asked about Walden Court-Walden Court did expire but was re-listed and now under agreement to close.
The mortgage tax deduction elimination would stink, wouldn't it! So if you don't have to buy, then don't! But if you have to or want to buy or sell, then you you have to deal with the market as it is! Many are. The time to build wealth in real estate is in a down market. Best time to move up is in a down real estate market. You will gain more than you lose.
In my opinion, we haven't had leadership in Washington for a very long time anyway. And the reason we are in this mess is because of the lack of leadership for last 10+ yrs in Washington!
Lastly,So sorry to hear your opinion of real estate agents and used car salesman. I'm here for discussion, not name calling. I love my job. I help people buy and sell homes. So can we keep it to a discussion and not make it personal?
In Response to Re: Latest news - bad for sellers, better for buyers - but the standoff continues?
[QUOTE]Why do real estate agents have to post their pictures, here on this forum or on their business cards? Are they in a beauty contest? Do other "professions and professionals" have (usually out of date, showing a younger person) a picture on their business cards? Silly and part and pacel of a vanity and emotional driven real estate market. Marie. If the Medfield market is so great, then why did your listing, MLS # 71140120, 15 Walden Ct, recently expire w/o selling? The U.S. Debt Commission just reported today that it is proposing cutting back or eliminating the mortgage tax deduction. This will help torpedo the sale of real estate, so a buyer on the fence should remain there, as prices will fall back in line with salaries. With the economy being so terrible and w/o having any leadership in Washington who knows what they’re doing to fix the problem they created in the first place, the real estate market will only get worse. It only stands to reason. Since real estate is so emotional and practiced by agents who only know and deal in emotion, anything to do with the national or international economy is beyond their “sunshine and lollipops” mindset. We have many people who need to relocate, are getting divorce, are moving into nursing homes, graduates who are headed for the SUN belt and into lower tax States. There will always be buyers and sellers, even in Detroit. I’m so sick of commission only salespeople, from car salesmen to real estate agents, always saying now is a great time to buy. No wonder that the public trusts real estate agents as much as they trust used car salesmen. Lastly, you can not compare the CA. market to the MA market. CA has the worlds 8 th largest economy. CA. has the most population in the US and has a land mass many times the size of MA. You can’t lump Bakersfield in with LA or S.F. or Laguna Beach, just as you can’t with Boston, Springfield or Lawrence.
Posted by REMaven[/QUOTE]