Does anyone remember 1991-1993? You could reduce a house by 20% and no one cared. Most of the inventory were foreclosures There were no showings, no offers, no deals being done. Offices were like ghost towns.
That market makes todays market look like it's on fire. There are lots of people still looking to buy. People come out for open houses, offers are being made, homes are selling and there are very few foreclosures compared to the general market.The uncertainty of the financial system and the economy in general has created hesitation, but there is demand that I believe is building up. Things will get better for those agents that stay with it and stay positive. Don't listen to CNBC or read the LA Times or associate with anyone that just complains how bad it is. Stay consistent in your actions and continue to try to improve yourself as a professional and take care of yourself personally by a good diet and exercise.
