John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852 (Mortgages in AZ, CA, CO, DE, FL, GA, MD, MT, NC, NJ, NV, OK, OR, PA, SC, TN, TX, UT, VA)

Spam prevention
Ambassador
4,315,625
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John Meussner should I say I disagree?

Well, I have been thinking about it for couple of years....time for me to share my thoughts in a blog, I guess.

 

Nov 20, 2015 07:18 AM
Rainmaker
699,177
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

We are in a 2nd home market.  Most of our deals are cash.  A resort market in no way can compare to a bedroom community up north.

Nov 20, 2015 08:43 PM
Rainmaker
2,442,558
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Real Estate is local, as in from Subdivision to Subdivision, even next door or across the street from each other. The only example I can think of would be homes around Notre Dame sell for more because of the need for student housing.

Nov 20, 2015 11:30 AM
Ambassador
3,986,910
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

You bet, our market hasn't followed any of the national trends.

Nov 20, 2015 09:25 AM
Rainmaker
6,858,342
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Real estate is definitely local. Home sellers and home buyers take risks when using out of the area agents.

Nov 20, 2015 09:23 AM
Rainmaker
2,224,167
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Irrigation water is a big challenge in my area. And specifically my county. The county to the south has a more standardized system where one share of water equals in an acre foot. In my county five shares in one ditch is a very different amount of water than five shares in another ditch. It's all very complicated and has to be researched carefully.

An agent in my office is a rancher and he's been around for quite a while. He's a valuable resource for me when it come to irrigation water. 

Nov 20, 2015 08:43 AM
Rainmaker
5,764,585
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

John,

There are so many things locals are aware of that visitors have no idea about.  It would take too long to tell all.  A

Nov 20, 2015 08:41 AM
Rainmaker
506,554
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

A failed or new septic system in Maryland now can cost upwards of 30K + to replace or install now with the BAT ( best available technology ) systems are now required thanks to Martin OWE'Malley ! Thank God he's our FORMER Governor!!

Nov 20, 2015 07:40 AM
Rainmaker
1,413,594
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Definitely local!  Low inventory, great weather.  We're running a 4+ month absorption rate right now.  Lots of homes going off the market for the holidays.  About 10 per week.

Nov 20, 2015 07:20 AM
Rainmaker
138,676
Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

Absolutly it is local... Low Inventory in South Orange County and pricing are the details that surpise most who are not familair with area.

Nov 20, 2015 07:12 AM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes local and not enough inventory

Nov 20, 2015 06:53 AM
Ambassador
5,614,131
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Some of it is local, more of it is not.

Feb 12, 2019 09:37 PM
Rainmaker
611,619
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

John,
One item here is that houses that face north are at a real disadvantage because the snow never melts. Hurts price significantly.

Nov 21, 2015 01:39 AM
Rainmaker
3,070,584
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

How local is local?  We list and sell homes throughout Maricopa County, and sometimes in the next county...

Nov 21, 2015 12:02 AM
Rainmaker
5,573,163
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

finding land is very difficult in our marketplace.... we're all trying not to "go west"....and that's where the open space is.... in the western part of the state....it's a haul!!!

Nov 20, 2015 10:45 PM
Rainmaker
846,375
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Our huge foreign buyer market, language barriers, foreign money markets and exchanges. 

Nov 20, 2015 09:21 PM
Rainmaker
4,335,810
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No, it's not local! It's HYPER-local, especially in an area as diverse and aprad out like Charlotte metro.

Nov 20, 2015 09:02 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I agree with Joe . The purchase agreements may be different.

Nov 20, 2015 08:45 PM
Rainmaker
2,488,978
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning John. Doing business means lots of difference. One of the biggest differences is purchase agreements, who prepares them and is there more than one agreement.

Nov 20, 2015 06:18 PM
Rainmaker
2,759,637
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Saturday morning John. Yup! We have a very strong local market.

Nov 20, 2015 05:07 PM
Rainmaker
1,683,406
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

It's always a challenge when the Buyers and Sellers have EPA problems with the land.

Nov 20, 2015 12:54 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

Low inventory, high demand, many multiple offers, worldwide interest, increasing prices for years.

Nov 20, 2015 11:20 AM
Rainmaker
435,520
Bill Dandridge
MKB, Realtors - Roanoke, VA
GREEN, ABR, GRI, EcoBroker

Anywhere near Downtown Durham is blasting off!

Nov 20, 2015 10:58 AM
Ambassador
1,569,453
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Yes and no. I can help with any market and have supervised transactions in many areas I've never even been to. Negotiation is the same wherever you are. 

Nov 20, 2015 09:48 AM
Rainmaker
1,708,135
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes but with a side bar. Most of my clients are out of state so from a marketing prespective I don't advertise locally.

Nov 20, 2015 07:19 AM