Online Real Estate Auctions - Advice and Information From RealtyBid.com
Quality news and information about national and local real estate auctions, sponsored and authored by RealtyBid.com and edited by RISMedia.RealtyBid.com Real Estate Auctions Offer Hope
The National Association of Realtors announced Monday (February 25, 2008) that sales of existing homes fell for the sixth straight month in January. Existing home sales dropped to the slowest sales pace on record.
MSNBC.com reported, “Median home prices were also down and many analysts predicted further price declines in the months ahead given high levels of unsold homes…Sales of single-family homes and condominiums dropped by 0.4 percent last month to a seasonally adjusted annual rate of 4.89 million units. That was the slowest sales pace going back to 1999 and was seen as evidence that the steepest slump in housing in a quarter-century has yet to hit bottom.”
This is certainly not news to anyone associated with the real estate industry. Real estate agents are living this scenario everyday. However, at RealtyBid.com, we are seeing signs of hope. Buyers ARE looking to buy, but they are looking to buy at the right price. We have more and more agents looking to RealtyBid.com to move properties for motivated sellers every day.
And, we KNOW that an increasing number of potential buyers are looking to land a great bargain on their next property purchase. We know this because the traffic to RealtyBid.com continues to grow unbelievably each month. For example, this month (February 2008), the number of unique visits to RealtyBid.com increased 30 percent over just last month. Even more telling is the fact that these February 2008 unique visit numbers are a more than 373 percent increase over traffic numbers for February 2007—just one year ago.
Discussion Forum
| Topic | Posts | Last Poster |
|---|---|---|
| Lake Norman Best Price on W/F Home in Mecklenburg County | 1 | conchambassador |
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| Where did all of the PMI go? | 7 | dboyer |
| Loan Modification Software | 5 | aiopqw25 |
| financing for real estate and mortgages at 5-10% rates | 1 | thrifty |
| 5-10% financing for real estate and mortgages | 1 | thrifty |
| Do you have the best price today? Post FREE on PROPERTYFIRESALE.COM! | 4 | Greatinfo |
| Advertise Your Condo Listings Today!!! FOR FREE | 1 | mycondospot |
| Interesting Real Estate Blog... | 6 | progressive37 |
| First time owner……..need some good tenant advice. | 5 | progressive37 |
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About Local Author
Tony Isbell is the president and CEO of online real estate auctions company RealtyBid.com. He has been involved with the real estate auction business on a national basis for more than 16 years. He has worked in various capacities in the auction business throughout his career, including in national positions such as managing director of government operations and national sales director for one of the country's largest national auction firms.
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