Monday, October 22, 2012

 

What Is Happening In The Dyersburg Real Estate Market Oct. 22,1012

What is happening in the Dyersburg real estate market as of Oct. 22, 2012? It is two weeks before the 2012 presidential election and real estate sales in Dyersburg have come to a screeching halt.We did close a nice home on Sandra today but that was already in the pipeline.

The real estate market here was starting to heat up back in early summer but has slowed somewhat up until 3-4 weeks ago when it just stopped.

I am talking to Realtors across the country who are telling me their markets are performing the same way and most of us are in agreement that once Romney wins the presidency then the real estate market should take off. It will not wait until January 20th but will begin on November 7th. Enthusiasm and certainty will return and real estate will really begin to move. I believe we have seen the bottom of the market as far as prices but available inventories should start down right after the election.

I also believe companies will begin hiring once again and jobs will be the key to our recovery.

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