With all the gloom and doom in the news lately about real estate, it begs the question- Is the sky really falling? Hardly. The economy will always have boom and bust cycles but people will always need homes to live in and will continue to buy houses. They just can't expect them to appreciate in value 30% per year.
I think a big part of the problem is the media sensationalizing how bad it is. Yes if you are in Florida, Nevada, or California things are really tough. But if you're here in the Ozarks, things really aren't that bad. We don't see the huge up and down swings like some parts of the country.
I admit it is a challenging market but it will also weed out the part-timers and agents who didn't have any business being out there in the first place. What we as professionals need to do is continue to stick to basics but also keep on top of new trends in real estate technology. We can educate the public the value of working with a Realtor and about the service we provide. There's no substitute for hard work either.
Lately I'm seeing a trend of more and more people are viewing this market as a golden opportunity to get a great home at a great price with a lot of build in equity. I guess it depends if your glass is half empty or half full!
About The Authors: Betty Knowles is a full-time REALTOR® with Southwest Missouri Realty in Springfield, MO She also served as President of Women’s Council Of REALTORS® in Southwest Missouri. Betty’s genuine passion is helping people buy and sell homes in Springfield, Ozark, Nixa, and surrounding communities.
John Knowles is likewise a REALTOR® with Southwest Missouri Realty and a member of the Greater Springfield Board of REALTORS®. John is also a FAA part 107 certified drone pilot to get those amazing shots and videos of our properties!
Together this dynamic team makes up TeamKnowles REALTORS®, Spouses Selling Houses! They are dedicated to doing what it takes to sell your home in the greater Springfield real estate market, or help you purchase a home that fits your particular needs. Give TeamKnowles a call today; you’ll be glad you did!
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