Market Conditions Vary. Good Advice Doesn’t.
By Colleen Kulikowski | July 7th, 2009 | Category: Real Estate Investors |Reading online you become friendly with Real Estate Professionals all over the country. Awhile ago, I read a post on Positive Real Estate Professionals entitled “Fear Factor - What’s your Role?” and in it he had this great commercial that I am sharing below. It is for an investment firm, but the thoughts are the same for Real Estate. If you use sound decision making process, you invest for the long term and are conservative; you are less likely to make huge mistakes.
Real Estate is highly local. So why is everyone in Western New York paying such great attention to the National Media? Because it is like a good train wreck, you can’t stop watching it. National media knows negative sells so they do it. Can’t blame them. But when it comes to Real Estate advice, it is not the same here in Western New York as it is in Cleveland Ohio, Miami Florida, or Long Beach California.
Even in Western New York the conditions vary from Lewiston to Clarence to Orchard Park to Wheatfield. Some areas are up, some are holding their own and others are feeling the pinch of a declining market. Do you know what your neighborhood is doing? How about your street? Yes, Real Estate is that local. Street by street conditions change affecting the potential sale price of a home.
What you need is a Real Estate Professional that can explain what is happening in their own backyard and give you the that you need to make an informed decision. The advice we give is different to every potential home seller, buyer and investor. There is a reason for that, as each situation is unique.
Want to speak with a team that is ready to assist you? Call today at (716) 743-5297 to schedule an appointment to meet with us!
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First off, thank you for the kind mention in your article. Secondly, I have to agree that no matter what the investment is, you have to use sound decision making.
Danny Thorntons last blog post..Alpine Town Hall
You are very welcome! It was a great idea that I had to share!