Hula and The Real Estate Market Today

Everyone calls this Hump Day what a strange name but I suppose it represents the center of the week, that much closer to the week-end. I think since Realtors work more on the week-ends with clients and Open Houses that we can't use that term at all. Actually I don't think we have a Hump Day, for now I'll call it Crash Day and that must be Monday for us. That's the follow up, get caught up, run your errands etc. day. Of course everyday could be a Hump or Crash day depending on your profession guess it's just best to call it all Good instead. Each day stands alone and can be wasted or productive but its a choice that we make on our own, no matter how you choose it's your very own day to do what you want....hummm guess I'll be productive today.

Wednesdays Blog

If priced low, REO's are gone in a heartbeat with multiple offers beating down the door. However when an REO is priced the same as Market Value used to compare normal Home Sales, it is slow and long.

I currently have an REO (brokers listing) that is priced at Market Value, so I think it's going to sit for awhile. Not good for Bank or Property, too bad the Bank didn't recognize that the BPO (broker price opinion) was actually a great price. Instead they decided on there own price, so it looks like I'll sit at the Open Houses for a few weeks until the Bank gets the hint that price needs to be lowered, to get it sold.

Doing my job and still loving it.

Dee