Wednesday, December 24, 2008

The Best Present

December 24, 2008

If you have been doing your last minute shopping, you know that in spite of the economy, folks are at the malls.Traffic on the off ramps near the Galleria or Montclair Plaza or Citrus Plaza are filled with cars. (It took me 7 light changes to get through one intersection.) The so-called "Black Friday" was not so packed with shoppers, but the retailers have offered so many price reductions that they seem to have enticed buyers.

At CENTURY 21 Lois Lauer Realty we learned that price is the key to selling real estate in the present economy. Banks who have come into the ownership of real estate are also learning the attraction of super bargain pricing. So - are we at the bottom of retail sales and the bottom of real estate sales? I certainly do not know, but would offer this suggestion. If a property meets your needs, you can make an offer and see if the seller will negotiate. Sales actually have been improving and agents will be among the late holiday shoppers because they have been occupied with writing purchase agreements and closing escrow. Don't be full of doom and gloom, this last quarter of 2008 seems to have created some happy holiday for buyers, sellers and agents. Why not give the best present - a home for enjoying friends and family.

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