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Real Estate - STATE OF THE NATION

October 7, 2010 5:30 am

Welcome to my blog. This is a place where I plan to share my knowledge and opinions relative to everything NW Georgia and everything real estate. Since I eat, breathe, work and live in Gordon County, Georgia you can count on my content focusing mostly on Gordon however much of what you’ll read may apply anywhere. I won’t bore you with my bio; you can find it on a web search if you are interested. If you are here you want information about real estate and that’s what I plan to provide.

 Maybe you are a property owner wondering where you stand with your own real estate property values. Perhaps you plan to sell and don’t know if now is the right time to do it. Maybe you are in financial trouble and need to sell your home or business. Maybe you are a buyer or want to be a buyer but don’t know if you can afford mortgage payments or even whether you will qualify to buy a home in today’s tight lending environment. I’m going to cover all of these kinds of topics. If I don’t get to it quick enough for you, go ahead and ask me a question or begin a conversation here and get tips from your fellow readers and I’ll probably chime in, too.

 Where we stand today

Economic conditions don’t feel so great right now, although some predict (or claim) there is an uptick in the market. Do you see it?  These are hard times. If you know me, you know that I have invested virtually all of my money in residential and commercial property and land, so when I say, “I feel your pain”, I’m not speaking hypothetically. Real estate has been significantly impacted by our economy, unemployment, and general lack of confidence in the dollar.

 Home values have taken a nose dive in many areas of the country and although our area is not in the top 10 big loss markets, we see it here as well. Land and commercial properties are faring no better. Unfortunately, there’s no telling when we will see improvements. This, folks, is our new reality and the quicker we accept it the quicker we can figure out where we go from here.

 Is there any good news? Yes and no. If you won’t be happy until we reach the boom time of a few years ago, then “your” particular answer is NO. If you can accept that the way we are going to buy and sell real estate and to whom we will be doing business with, then the answer is a resounding YES. What we can control is to take stock of where we are today and give serious thought as to where we want to be tomorrow and the day after that. And that is what we all need to be doing. Ask yourself, “What changes can I make to improve my own economic conditions?” “What can I do to make the most out of my real estate sales dollar or the most out of my real estate buying dollar?” I can’t help you with a job or the stock market, but I can share with you my ideas on real estate ownership and how we individually and collectively as a community can work towards improving the value of our homes and businesses.  Be thinking about what specific real estate topics affect you the most. In a few days, I’ll begin sharing some thoughts and ideas to help you on your journey to sell, buy, or stay where you are. The choice will be yours but perhaps you will feel more educated about your options.

In the meantime, I want to share some links with you as sort of a homework assignment.  These are links to other blogs and financial information that I think will be of interest to you.

http://realtytimes.com/

http://www.thereformedbroker.com/2010/09/13/united-states-of-fire/

Calhoun - Northwest Georgia Real Estate & Auction Source - Exit Flipper McDaniel & Associates Exit Flipper McDaniel Realty is the number one source for real estate and real estate related information in Calhoun, Gordon County and the Northwest Georgia Area. We specialize in helping our clients invest in real estate within the boundaries of their needs and desires. Tap the source today by calling 706-625-5711 We are your most valuable asset when making a real estate decision….call us today! Consider it SOLD!!!

 

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