Tom's Blog

Recently I read the article Matthew Ferrara posted on AR which compared the real estate market to the big 3 auto makers, Chrysler in particular.  His bottom line was basically this, when listed property becomes a "value" again then people will begin buying. Now I like Matthew and I see his point....

I went on a listing appointment yesterday morning meeting the soon to be client at his canal front property.  After introductions and "good mornings" he walked me around the property pointing out features and improvements while telling me his story and why he and his wife desire to sell.  One of ...

What a year this has been for the market and for Realtors!!  My local market, which is Perquimans County in northeastern, NC has been a unique creature.  Let me explain.  Below are the top 3 most active price ranges for 2007 and 2008 so you can compare.   In 2007 the hottest price range was $200-...

I think one of the reasons I enjoy this profession so much is that it is about people.  Tonight my wife and I were invited to an open house which just happened to be at #318 Front St.  One of my waterfront listings in Hertford, NC.  The house is picturesque with its location on the Perquimans riv...

This blog is for those who desire to sell their home and can't figure out why no one is looking at it.  Of course, there are no doubt several reasons why your home is not being shown and some of those are most likely out of your control... i.e. the economy, the time of year, your local market is ...

I was speaking to a friend today and he asked me about the housing market and I shared withhim that for me it's been a fairly good year - no complaints.  Then he made the statement that this would be a good time for many agents to reinvent themselves.  And you know what, he is right!  Not only ha...

Boy oh boy do I wish I were a buyer in today's' market!!  Interest rates are still at unbelievable percentages, or hovering near historic lows.  And I don't mean ARMs!  I'm talking about 30 year fixed rates so there are no surprises along the way.  Plus, new loan products are available all the ti...

With buyers being few and far between, at least in my locale, I am continually fighting the complacency battle.  You know, doing the things I know I need to do just because I am a professional and it is who I am. Things like contacting my clients, sending cards and keeping my expenses straight.  ...

I am not sure which created which, did current market conditions create this animal or did this animal help create the current conditions?!  You decide.  Here's what I'm finding, I have buyer clients who actually have money - there's a switch.  And not just money in the form of decent credit, but...