Boy, am I going to wade into it this time…
I was wandering through the FOXNews Real Estate section, and came across this feature story. Reading this, one would think we were seriously in trouble. “… from San Francisco to San Diego — is predicted to decline
The world has changed. The question is, “What are we going to do about it?”
Wal-Mart, Target, Harbor Freight Tools, and scores of other discounters are thriving. But, is that the model that we should pursue? Is that what our customers really want? Are we headed for extinction? With all of the various avenues for information available from valuation websites to transaction advice, are buyers and sellers going to cut us out of the picture? Should they?
Here is a look at the residential real estate market for Gwinnett County for the last two years as well as looking at overall trends that will affect investors and “move-up” buyers in the next few months.
Looking at the numbers up through June of 2007, there are a couple of trends that seem to be materializing. New listings are up year to date (YTD) about 15% over last year. May and June are up 11% and 9% respectively over the same period last year. The trend seems to be