Market? Homes in Red Deer? What the…

Market? Homes in Red Deer? What the…

Tuesday, 13 October 2009 12:32

Walk up to any Realtor and ask him the question "how's the market?" and the only thing you'll know for sure is whether this Realtor has just SOLD a home! If you get the answer, "awesome", they probably just did. Fact is, the volume has slowed, prices have a slight bit of pressure on them and the light at the end of the tunnel is still pretty small...BUT...it's not depressed...it's not crashing and the world is not coming to an end. The number of homes on the market is weighing down the overall picture but the fact is that only 52% are actually selling...the others aren't selling; they're looking for a flash of magic, their lucky break or they need more money. So if you're thinking of selling, you need to get back to the way we used to sell homes - with a little effort put into presentation and a good dose of reality when it comes to price. Unfortunately if you bought in early '07, you're in tough to hold your money together but almost any other year should have satisfactory results.

By the way, I think the market is awesome!