This year has started off with a Ka-Boom. Not an atomic Ka-Boom, but a startling Ka-Boom none the less. In our office, January sales were ahead of January 08. February is busy too. Our property views on the web are dancing like Mexican Jumping beans.
Has housing bottomed? Is housing about to bottom? Will housing rebound? When?
Here’s a snippet for a Zillow.com blog post. Interesting reading.
Homeowners Call a Bottom: Optimism or Delusion?
By: Amy Bohutinsky, VP, Communications | February 10, 2009
Today we’re releasing the results of our Q4 Homeowner Confidence Survey, and as in prior quarters — the results are raising eyebrows………………..
However when asked about the future, homeowners are going where no economist dares to tread today — they’re calling a bottom. Fully 70 percent predict their home’s value will either increase or stay the same in the first six months of 2009. Specifically:
- 30% of homeowners think their home’s value will decrease
- 43% think their home’s value will stay the same
- 27% think their home’s value will increase
Read the ENTIRE story HERE, complete with pie charts and percentages.
Wanna DIG DEEPER – Check out Zillow’s just release Confidence Survey. Ah-ha stuff.
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Dear Realtor Icons, the handwriting is on the wall, things are changing for the better. Rise and shine, it’s not time be a church mouse, time to amp up your On-Purpose, In-Person conversations.
Cheers.
