DESPITE ECONOMIC TURMOIL, THERE’S PLENTY FOR WHICH TO BE THANKFUL by Kelly Sweeney
Woe is me, business is down and the world is coming to an end. How easy it is these days to become caught up in negative emotion. Houses aren’t selling, people have lost their equity and foreclosures are ubiquitous.
Not so fast with the doom and gloom. Foreclosures are actually down in our state. Michigan has fallen from third in the nation to seventh. Still not a great statistic, but it is trending in the right direction.
Inventories are also down for the fourth straight quarter. Yes, we still have a five year supply of homes for sale, but again, trending in the right direction.
And let’s look at our assets. We have 714 years of combined real estate knowledge and experience in our Birmingham office alone! We are affiliated with a lender that has excellent mortgage resources and our offices are located in Oakland County, the fourth wealthiest county in the nation. Most importantly, we are doing business.
We have knowledgeable management that is leading through this paradigm shift. We are way ahead of our competition in providing short sale training and support in getting our transactions closed. Our greatest strength is that Weir Manuel has always chosen to affiliate only with the best sales associates who are fully engaged in the business. That culture has served us well over the years, but is even more important today as we see our competition flounder.
Monday, November 24, 2008
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