Friday, February 1, 2008

It's All About Your Local Market

It is all about what is going on in our local market. Forget the national news. Look at what is happening right here, right now!

A realtor can help you know about the local market and the information a realtor can provide is essential to deciding when, where, and what to buy.

Whatever is happening nationally to real estate - whether it is 'booming or busting' - doesn't matter...what matters is what the market says in your city or neighborhood.
A lot of cities did not/have not/do not participate in the 'boom'- some even decreased in value. Also, when prices began to fall nationally, there are plenty of areas where prices remain steady or even rise. So the important factor to consider when buying or selling a home isn't what is going on nationally - it is what is going on in your local market. A realtor can show you the current market trends so you can prosper in a buyers or sellers market.

A realtor can help you determine if a city or area is more or less desirable to invest in.
A realtor can help you determine whether property values in a city or area are decreasing or rising.
A realtor can also help you see the future trends, and plans for new businesses in the city or area.

A realtor can help you understand your local market which will help aid you in your decision. So forget what the national news is saying and focus on your local market.