My Life as Realtor

Hi guys, More info on the market and of course some quotes!

Market thoughts...

Sales of existing homes rose 3.1 percent in July, easily beating Wall Street’s expectations, as buyers snapped up deeply discounted properties in parts of the country hit hardest by the housing bust.

The National Association of Realtors reported Monday that sales rose to a seasonally adjusted annual rate of 5 million units. Sales had been expected to rise by only 1.6 percent, according to economists surveyed by Thomson/IFR.

If we look further into the data we see that in the West 9.7 percent. This means buyers are snapping up housing that is under priced.

Many Realtors we speak with continue to mention that buyers, especially investors are moving to pick up inventory in today’s market. We experience that right here in Utah with homes selling at a steady pace.

Yes we are off the rocket-ship ride of the past few years, but homes are moving. And prices for homes are also rising. Again not at the break neck pace of the past, but they are rising.

We encourage you to tell your buyers that this is the market they have been waiting for. Get them qualified and into a home. While there is a bunch of inventory on the market, deals are out there to be made.

The Bonds

We are still riding the roller coaster. You may have noticed an uptick in negative economic news world wide. This will continue to drive investors towards quality, which is bonds. So, bonds should rise and rates should fall. But we aren’t seeing that happen as much as it should. We’ll keep you posted.

The quotes!

"No amount of ability is of the slightest avail without honor."
-- Andrew Carnegie, Industrialist

"I think what separates a superstar from the average ballplayer is that
he concentrates just a little bit longer."
-- Hank Aaron, Baseball Star

"In the middle of difficulty lies opportunity"
-- Albert Einstein, Theoretical Physicist

"Four short words sum up what has lifted most successful individuals
above the crowd: a little bit more. They did all that was expected of
them and a little bit more. "
-- Lou Vickery, American Business Writer

"Help others get ahead. You will always stand taller with someone else
on your shoulders. "
-- Bob Moawad, Business Speaker

"Luck is when preparation meets opportunity."
-- Brian Tracy, Author

"The difference between ordinary and extraordinary is that little
'extra'."
-- Jimmy Johnson, American Football Coach

"Nothing is more dangerous than an idea when it is the only one you
have."
-- Emile Chartier, Philosopher

"A leader is one who knows the way, goes the way and shows the way. "
-- John C. Maxwell, Author and Speaker

"It takes as much energy to wish as it does to plan."
-- Eleanor Roosevelt, Former First Lady

"Successful people form the habit of doing what failures don't like to
do. They like the results they get by doing what they don't necessarily
enjoy. "
-- Earl Nightingale, Motivational Speaker

"Many things difficult in design prove easy in performance."
-- Samuel Johnson, Writer