Saturday, October 13, 2007

Hello Again

Well I see more and more people are checking the website and the feedback I have gotten has been great. The last blog talked about the no rezone situation. This week I just want to point out something of concern to many. There are 132 families trying to sell their homes at this time ( 50 single family and 72 condos/townhouses/villas) for some reason or other.

Potential buyers driving through the neighborhood are driving by the red signs and seeing red flags. Who wants to buy into a neighborhood fraught with controversy? So What's happening? Values are going down faster than even this off market already dictates. This is a serious problem for those needing to sell. Turnover is good for everyone. The majority of new buyers update their homes and that keeps property values rising

Consider this: residents need to be aware. By now they are. They may need to be reminded periodically (before meetings or once a month), but the general public (possible buyers) don't need to be scared off.

Don't misunderstand me. Of course the problem has to be disclosed to a potential buyer, but that may be accomplished much easier once they have seen a home and expressed an interest. If buyers are turned off by the signs, they may not even consider the area.

Just more food for thought. Your comments please!

3 comments:

Tom said...

I agree, it is kinda an eye sore even if you are not trying to sell your home. I ride my bicycle through the area and it presents very poorly to anyone driving through the area. Even you want to sell a home, it is certainly not helping. So, when will this zoning problem be resolved and the signs removed by the homeowners?

Anonymous said...

Having recently driven through the neighborhood, I too agree that the red signs screamed out "danger" stay away. The neighbors need to unite against the rezoning, but the signs need to come down, at least for awhile they should be stored in the garage!!!

Anonymous said...

Hi Bruce!

It was good to see you today. I think this problem has two issues...yes, it may cause a small bump in the immediate sales in our area, however, if these guys get their way, our properties won't be worth much anyway. We have a groundswell of momentum, and I would hate to see it lost. It cuts both ways, for sure, but if we lose the interest, and the passion, then we lose the race.