Tomball and Magnolia Real Estate |
Jan. 7, 2008
"We spend January 1 walking through our lives, room by room, drawing up a list of work to be done, cracks to be patched. Maybe this year, to balance the list, we ought to walk through the rooms of our lives... not looking for flaws, but for potential."
~Ellen Goodman, Pulitzer Prize-Winning Columnist
As we kick off the new year “All Together,” it is easy for us to get all caught up in news about what is wrong with the real estate market. The truth is that 2008 is shaping up to be a promising year for real estate, with plenty of opportunities to buy and sell in every market.
According to NAR (National Association of Real Estate) Research, there is significant pent-up housing demand that will begin to be unleashed into the marketplace in 2008. Many markets will see rising home sales and strengthening home prices. We believe that the worst of the credit problems are behind us. This is great news for consumers who are ready to sell or buy in the Houston and surrounding areas.
Thanks to a vast number of new resources available to Realtors® for 2008, We are pulling out all the stops to give you the information and resources you need to understand what is really happening in your local markets and to keep your clients informed. Check out our newest resources offered to Realtors by NAR:
- Local Market Reports – In addition to our national indicators and forecasts, REALTORS® now have access to more than 70 local market reports. With insights on sales, prices and economic factors, these reports will give Realtors® everything they need to counter negative news and tell consumers what is really happening in their local area real estate.
- Surround-Sound Media Outreach – Some of these resources include a new developed called “Surround-Sound” media outreach toolkit which can help spread the word about all of the great opportunities to buy and sell real estate. This toolkit complements our current national media outreach efforts and includes talking points, story ideas and tips for working with the media.
- Research Studies – Another example of several new research reports developed include “Profile of Vacation and Investment Home Buyers” that will allow Realtors® the ability to tap into new markets. “The Homebuyer and Seller Profile” also can tell us exactly what consumers are looking for in a home”
Since 1908, REALTORS® have worked hard to earn a reputation as America’s leading community builders and dream makers. Today, the “Voice for Real Estate” is stronger than it has ever been, speaking for millions of consumers in neighborhoods across America. And, we’re just getting started. Mortgage Relief – We achieved a major victory for consumers caught in costly mortgages, when President Bush signed the Mortgage Cancellation Tax Relief Act in December. We also are making affordable financing available to potential buyers through landmark FHA Reform. We expect this bill will go to conference early next year.
In addition, Terrorism Insurance – NAR (National Association of Realtors®) also worked with Congress to keep the commercial real estate market strong and stable well into the future. President Bush recently signed a bill that continues the Terrorism Risk Insurance Program for seven years. And what about: Banks in Real Estate? – For the first time ever, Congress also passed a two-year moratorium on banks entering the real estate business, which will take effect early next year. We also have record support for a permanent ban through the Community Choice in Real Estate Act.
Some will ask “why should I use a Realtor®?” Hopefully this information allows you the ability to see past the agent making 6% on the sale of your home. It is about soo very much more!. It is about Realtors® contributing behind the scenes by partnering with local, state and national associations in an effort to have a strong voice and in keeping our economy strong. I think the questions should be “why would you not use a Realtor®?”
