Welcome, Guest. (Login or Register)
  
Salchak Realty, Inc.
Performance. Satisfaction.

0 0 

Blog

 Posted by Mark Salchak in General on October 29th, 2007 at 9:53 AM


It seems that every day, we are bombarded with news headlines, sound bites and announcements about the declining real estate market, the downturn in number of home sales, and the decrease in home sales prices across the country.  Because we, at Salchak Realty, Inc., assist home sellers, home buyers, investors and national institutions with the acquisition and disposition of real estate daily, when people speak on T.V. or write in the papers, we pay attention.  Usually, there is some expert spewing out the "national housing trend" like the guru on top of the mountain.  This morning, on the Today Show, Ohio got lumped together with eight or ten other states in our mid-west section of the country.  The facts are correct.  We (Northeast Ohio) is in a correction phase.  We are suffering from a downward trend resulting from predatory lending, high foreclosure rates, and a bad attitude.

We can't really do anything about the lender fallout and high foreclosures, but we can do something.  We can change the way we think as home sellers, home buyers and real estate professionals.  Adjustments need to be made, but there is an abundance of good, quality housing out there.  The interest rates are excellent.  This market place may make for some of the best housing opportunities (and NOT just for the investor) ever.

"Do you mean that if I take less on my house when I sell, I can still make money," you might inquire?  Sounds like we're talking nonsense, but YES.  Yes, there is opportunity of actually making money by selling when things seem  their lowest.  If  we change our attitude, change our perspective and change our perception, we can use the same techniques used by Donald Trump, Sam Zell, Ed Debartolo, and Mort Zuckerman...all multi-billionaire real estate moguls[according to Forbes Magazine], to "MOVE UP IN A DOWN MARKET."  This information is not in our knowledge base yet, so if you'd like to know more...contact us. 

We can change our attitudes with the right information.

Make it a great day...

 





Translate: Spanish French German Italian Portuguese Chinese (Simplified) Japanese Korean Russian


© Copyright 2007 Salchak Realty, Inc. Powered by ION-E Realty Manager