Tuesday, June 03, 2008
Home Values Plummet, but…
6/3/2008 3:52:10 PM (Pacific Standard Time, UTC-08:00)



Home values have taken a beating as we all know but the end of that downturn is getting closer. Sales volumes increased in April and May’s sales news isn’t far away from release. The value decline has begun to decrease which it must do before values can turn around.

To agents, this means you need to give your clients more and better information upon which to base their decisions. There are a lot of people who want in but they want to make their decisions based on better facts. Give them more than sales data upon which to make their call. Let them know what foreclosure activity is like and also the stability of the market.

Consumers are smart and can navigate a tough market provided you give them enough good data to review. People are buying cars in this tough economy and doing more research before doing so. A home cost about ten times the price of a car so you ought to give the more House Facts.

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