I sure as hell hope so, because if things get any worse, we are in deep trouble.
So much for the cheery intro to this article. Truth is, there isn't a lot to be cheery about if you're trying to sell your home. Let's face it...it's a buyers market and unless something drastic happens, it's going to be a buyers market for quite some time. But the question still becomes, will the elections improve the housing market?
Well, the irony about all of this is that nothing in the world of finance is based on reality. It's all based on public perception. If somebody screams that the sky is falling, whether it is or not, people are going to believe it. That's just the way things are. So when the powers that be say that things are good, we tend to believe it and jump on the gravy train. The stock market goes up, the dollar versus other currencies improves and all is right with the world.
And then somebody decides that things aren't really that good. Profits for the mega companies are down a bit so the panic button gets pushed. Suddenly stocks start to fall, investors panic, and the rush to unload those worthless commodities begins. It's like the sheep being led to the slaughter.
Applied to the housing market, when times are bad, people believe that homes aren't worth what they're really worth. That's just the way it is. It's all mindset. You can't change mindset.
Or can you?
Globally, no. However, in your own little corner of the world, you can. But to do it, you need a different mindset yourself. For starters, YOU have to believe that things aren't quite that bad and THEN...you have to convince your prospects.
That's the hard part...or at least it used to be.
I just ran across a book about selling your home in a buyers market. It is absolutely brilliant. The strategy Peter Iannnelli uses to get prospects to actually pay HIS price for HIS home is just pure genius. I would have never thought of it. You really should pick up a copy and read it. This may be the wave of the future for selling homes that normally couldn't be sold during tough times.
Will the elections improve the housing market?
Let's hope to God they do.
To YOUR House Selling Success,
Carson T Dyle
Can't sell your home? Pick up a copy of Sold In 21 Days and find out how to sell your home even in a buyers market for the price that YOU want.