January 12, 2007 Realtors At Play
THE REAL (ESTATE) STORY
By Larry Underhill
REALTORS AT PLAY…Last Wednesday’s Lodi Association of Realtors’ Installation Luncheon was a lot of fun! In Realtor jargon, location, location, location: The gig was held in Wine and Roses’ Garden Ballroom. Good food, a crowd of extremely fine folks, and a lot of joyful anticipation for the best year yet in 2007!
Roy Reimche received the prestigious Realtor of the Year Award. Roy’s an inspiration to us all. The Association has followed his successful battle with what he calls “The Big C” for several years now. He’s still in the saddle and on the job. Roy may know more vignettes and stories about Lodi than any other Realtor. He’s certainly been around longer than anyone else. I told Roy I want to be just like him when I’M 104 years old. Good thing he has a great sense of humor.
PRICE REDUCED and getting many showings: 1317 Candlewood Way in North Stockton. Lodi Realtors have discovered this value and they’re bringing their Buyers! You can’t find a 1380-square-foot home THIS nice in Lodi for the newly-reduced price of $319,950. Three bedrooms, two baths, COMMUNITY POOL! Garage is currently set up (including central heat and air) for a preschool. It can easily be converted back to a garage, or use the extra square footage for a play room or whatever!
ALSO HONORED, in this case posthumously, at Wednesday’s event was Inez Huppert. Her daughter Ione was presented with the Realtor Hall of Fame Award in her mother’s honor. Inez was one of the first lady Realtors in Lodi, way back in 1960. She did NOT listen to the gloom and doomers. She just bought property. If Inez could counsel you today, I’m sure she would advise you to seize the opportunity and build your real estate portfolio!
WHAT SOFT MARKET? I put FIVE transactions into escrow between January 2 and January 8. The only homes that are selling are those that are priced right, but Buyers are out there and ready to BUY when the price is right. With interest rates hovering at historically low levels AND home prices down from the recent top of the market, now is the time! Most folks will miss it, though. They’ll wait until the media gives them permission to buy again (“Real Estate Market Improves!”), which will happen AFTER prices have headed back up. It has always worked this way.
QUESTION: If you’re selling your home and repurchasing another, what’s the difference WHERE the market is at any given time? If prices are down, you cry when you sell and laugh when you buy. If the market’s up, it’s just the opposite. Interest rates are the biggest determining factor in the whole equation…and right now, they’re great!
MY BANDMATES and I had a fine ol’ time at the Luncheon. We played a little Doobie Bros, a little Alan Jackson, one of Aaron Gaydon’s originals, and a couple of other tunes. A good time was had by all. Now TO WORK! Have a great week. See you next Sat!
By Larry Underhill
REALTORS AT PLAY…Last Wednesday’s Lodi Association of Realtors’ Installation Luncheon was a lot of fun! In Realtor jargon, location, location, location: The gig was held in Wine and Roses’ Garden Ballroom. Good food, a crowd of extremely fine folks, and a lot of joyful anticipation for the best year yet in 2007!
Roy Reimche received the prestigious Realtor of the Year Award. Roy’s an inspiration to us all. The Association has followed his successful battle with what he calls “The Big C” for several years now. He’s still in the saddle and on the job. Roy may know more vignettes and stories about Lodi than any other Realtor. He’s certainly been around longer than anyone else. I told Roy I want to be just like him when I’M 104 years old. Good thing he has a great sense of humor.
PRICE REDUCED and getting many showings: 1317 Candlewood Way in North Stockton. Lodi Realtors have discovered this value and they’re bringing their Buyers! You can’t find a 1380-square-foot home THIS nice in Lodi for the newly-reduced price of $319,950. Three bedrooms, two baths, COMMUNITY POOL! Garage is currently set up (including central heat and air) for a preschool. It can easily be converted back to a garage, or use the extra square footage for a play room or whatever!
ALSO HONORED, in this case posthumously, at Wednesday’s event was Inez Huppert. Her daughter Ione was presented with the Realtor Hall of Fame Award in her mother’s honor. Inez was one of the first lady Realtors in Lodi, way back in 1960. She did NOT listen to the gloom and doomers. She just bought property. If Inez could counsel you today, I’m sure she would advise you to seize the opportunity and build your real estate portfolio!
WHAT SOFT MARKET? I put FIVE transactions into escrow between January 2 and January 8. The only homes that are selling are those that are priced right, but Buyers are out there and ready to BUY when the price is right. With interest rates hovering at historically low levels AND home prices down from the recent top of the market, now is the time! Most folks will miss it, though. They’ll wait until the media gives them permission to buy again (“Real Estate Market Improves!”), which will happen AFTER prices have headed back up. It has always worked this way.
QUESTION: If you’re selling your home and repurchasing another, what’s the difference WHERE the market is at any given time? If prices are down, you cry when you sell and laugh when you buy. If the market’s up, it’s just the opposite. Interest rates are the biggest determining factor in the whole equation…and right now, they’re great!
MY BANDMATES and I had a fine ol’ time at the Luncheon. We played a little Doobie Bros, a little Alan Jackson, one of Aaron Gaydon’s originals, and a couple of other tunes. A good time was had by all. Now TO WORK! Have a great week. See you next Sat!
Labels: a little blues, and a lot of fun., Doobie Brothers
posted by Larry Underhill at 14:06
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