Coldwell Banker Schmidt REALTORS and I got a nice little plug on the 11:00 news last night. TV 7&4 (NBC) contacted me yesterday afternoon about buyer activity and the market. The reporter, Courtney Rehmer, was looking for a local tie in to the NAR figures for September. I spent a solid half hour with her at one of my listings in Beulah.
I'm very proud to have bumped politics and Barack Obama's infomercial Blitz from the top billing, as I was the lead story! Here's a link to the video from their website
They didn't use everything that Courtney shot, but I think it turned out quite well. Some of the information that was left "on the cutting room floor" included:
That while closed units were down 11% Year to Date in the region, September was off just 4% over last year, indicating we're closing the gap.
That inventory levels are shrinking, and the ratio of listings taken to listings sold has improved dramatically.
That we're at or near the bottom price wise.
After the interview I got to thinking, and emailed Courtney that "There is one more thing that occurred to me, and that is that we do not need more foreclosed homes on the market, or more people displaced from their homes by foreclosure. Please encourage viewers to take action if they are having trouble making their payments. For the most part, banks do not want to take their homes and should be willing to work with them. There are resources available, especially if they act quickly. If they're having troubles with their lender they can contact the TAAR office or ask a REALTOR for guidance."
While it was trimmed off of the end of the video posted online, I was glad that this was included in the news report. In fact they used it as a segue to some extent, and followed up with advice from financial advisers that they've had answering viewer calls this week.
Good deals are out there, as well as some great ones. For buyers who are making a sound financial decision, and are buying for the long term (5 years as opposed to 1) it is a great time to buy.
It was fun having the opportunity to do the interview, and I've gotten quite a few comments on Facebook and via text from friends and colleagues.