We talked a lot last week about more contracts being written, especially how many more we expected to write. We were right and we were wrong. We are writing more, regrettably though only about half as many as we expected. It used to be that reasonably motivated buyers and sellers once put together would find a way to complete the desired transaction approximately 90% of the time. That's simply not happening now. It seems many buyers are more interested in the perfect property instead of the perfect deal which leads to them getting in front of sellers who aren't as motivated as the buyer thinks. At least that seems to be the inclination for the week. There are so many exceptional deals in this buyer's market right now that my limited vocabulary restricts me from describing the enormity of it all. Fortunately, not all buyers or sellers are alike. What motivates one to to buy or sell may be unconditionally alien to another.
What this means from an objective viewpoint is that there is increased buyer interest and many sellers who want to sell but don't necessarily have to. At the risk of sounding like any number of the new media "economists", we are 'cautiously optimistic' that we will continue to see a stabilization and even an improvement in the Lake Keowee Real Estate market assuming that banks start becoming a titch freer with the milk money.
Be sure to check out our latest video update for Lake Keowee Real Estate in July starring Mike Roach as your humble yet precocious tour guide. Just click play below!
If you want to know more about anything we do, would like to see us discuss a particular subject, or have some suggestions for changes/additions to our format, take a moment to send us an email at
MattRoach@ERAtopgunsrealty.com or
MikeRoach@ERAtopgunsrealty.com. We would really appreciate your input!
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Lake Keowee Real Estate Blog Prudently Panglossian
