The Tucson and National Real Estate Market has undergone a lot of press recently with higher foreclosure rates and also lending woes, and inventory gluts. However, reaching out to other Real Estate Professionals one should look at the positive aspects of the current market.
1. Falling Prices nationally enable more first time buyers to finally afford a home, and yes there are still loan programs available despite the national press stating that many people can no longer get a loan….what about the old FHA loan.
2. There are fewer sales people as many of those less serious about the profession that jumped on the bandwagon during the boom leave for other opportunities.
3. Builders and Developers realize that they need us again.
4. Selling are willing to pay commissions as they realize that we are professionals that can get their homes sold.
5. Great Opportunities exist for investors and for investing yourself.
6. New Niche Opportunities exist with short sales and also foreclosures.
7. Expired listings and FSBO’s present even more opportunities for good deals.
8. Last but not least the consumer realize that they need a professional Realtor who is committed and knowledgeable. They are less likely to list with someone just because he or she is a friend or relative to get their house sold.
