{"id":110,"date":"2006-07-20T09:51:11","date_gmt":"2006-07-20T16:51:11","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=110"},"modified":"2006-07-20T09:54:23","modified_gmt":"2006-07-20T16:54:23","slug":"when-is-the-best-time-to-buy-when-everyone-else-is-selling","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/110\/when-is-the-best-time-to-buy-when-everyone-else-is-selling\/","title":{"rendered":"When is the best time to buy? When everyone else is selling…"},"content":{"rendered":"

I think this is exceptionally good advice from Craig King at RealBlogging.com<\/a>:<\/p>\n

No matter what you’re selling, conventional wisdom is that the FUD Factor (fear, uncertainty and doubt) tends to freeze buyers in their tracks. Purchases get delayed. Decisions take longer. Buyers follow the maxim, “When in doubt, don’t.”<\/p>\n

At the moment, you’d think the “FUD Factor” would be a big cloud over the real estate market. Israel and Hezbollah have broken out into open warfare, and the conflict could broaden throughout the Middle East. Oil prices are skyrocketing, and supply is all but certain. Iran and North Korea are rattling nuclear sabers. And back home, we’re enduring a drought and bracing for a new hurricane season. <\/p>\n

In short, I think it’s a great time to be buying — and selling — real estate. Real property has always been an investment haven in troubled times, and I believe it will play that role in the months ahead. Interest rates are still extremely low by any sane historical standard, and the Fed appears to be through with its tightening for a while. Volatility of stock prices has a lot of investors worn down and impatient with mediocre or negative returns. It may not happen overnight, but in times like this, people “return to the land.” <\/p>\n

If we do a good job of telling our story, I think prospects will realize it’s a time to buy, not a time to stall.<\/p><\/blockquote>\n

There’s more to this, though. I spent 16 months racing around with investors while they bought everything that didn’t move, all the while wondering why they couldn’t find any bargains. Duh! Everyone else was buying at the same time, and no one was selling. Now the situation is reversed, a lot of sellers but buyers are thin on the ground. It’s counter-contrarianism, a carefully thought-out strategy of running with<\/i> the herd.<\/p>\n

Take a look at the cost break-downs on our investments page for Phoenix-area rental homes<\/a>. Those are rigorous numbers, no blue-sky fantasies, but they still hold. It’s easy to get a 1,200sf home that will perform that well, and — for now at least — Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I think this is exceptionally good advice from Craig King at RealBlogging.com: No matter what you’re selling, conventional wisdom is that the FUD Factor (fear, uncertainty and doubt) tends to freeze buyers in their tracks. Purchases get delayed. Decisions take longer. Buyers follow the maxim, “When in doubt, don’t.” At the moment, you’d think the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":{"0":"post-110","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2890,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2890\/black-pearl-marketing-minute-do-you-want-to-learn-how-zillowcom-bakes-a-sweeter-tastier-browser-cookie-scratch-the-fud-from-your-recipe\/","url_meta":{"origin":110,"position":0},"title":"Black Pearl Marketing Minute: Want to learn how Zillow.com bakes a sweeter, tastier browser cookie? Scratch the FUD from your recipe","author":"Greg Swann","date":"April 3, 2008","format":false,"excerpt":"I wanted to expand on my post from last night on Zillow.com's use of web browser cookies with its new Mortgage Marketplace free loan quotes software. So you know going in, I have a huge contempt for people who try to sow FUD -- fear, uncertainty and doubt -- about\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16783,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16783\/why-would-zillow-abandon-the-all-time-perfect-real-estate-marketing-tagline\/","url_meta":{"origin":110,"position":1},"title":"Why would Zillow abandon the all-time perfect real estate marketing tagline?","author":"Greg Swann","date":"August 28, 2020","format":false,"excerpt":"Do you want to hear my most perfect real estate marketing image? I've never seen this anywhere, except in my mind's eye. It goes like this: A little girl and her golden retriever are racing out the front door of their home. Why? Because \"Daddy's home!\" \u2013 that's why. That's\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/orlando-tapia-nR-5iAd5eJU-unsplash-480x320.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6860,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6860\/swanepoels-top-10-real-estate-trends-matter-to-me-and-to-real-estate-quite-a-bit-less-than-my-own-list-of-burning-issues\/","url_meta":{"origin":110,"position":2},"title":"Swanepoel’s Top 10 Real Estate Trends matter to me — and to real estate — quite a bit less than my own list of burning issues","author":"Greg Swann","date":"February 10, 2009","format":false,"excerpt":"Stefan Swanepoel sent me a copy of his Top 10 Real Estate Trends Report, which was gracious of him, considering that neither me nor any of the Bloodhounds nor BloodhoundBlog itself are mentioned anywhere in the book -- at least as far as I could detect on a cursory examination.\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13750,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13750\/zillow-says-if-you-will-send-us-your-clients-as-web-traffic-well-be-pleased-to-sell-them-back-to-you-again-and-again-from-now-on\/","url_meta":{"origin":110,"position":3},"title":"Zillow says, “If you will send us your clients as web traffic, we’ll be pleased to sell them back to you, again and again, from now on.”","author":"Greg Swann","date":"December 3, 2010","format":false,"excerpt":"Q: What do you do when your massive Realty.bot web site, target-marketed to equity-rich home-sellers, finds itself in a real estate market where most sellers are upside down and do not give a rat's ass what their homes might sell for? A: Punt. This is an eyeball play, up front,\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6172,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6172\/inman-news-has-always-been-a-fud-driven-vendorslut-cesspool-thats-not-new-but-what-is-it-doing-to-the-web-20-ideal\/","url_meta":{"origin":110,"position":4},"title":"Inman “news” has always been a FUD-driven vendorslut cesspool — that’s not new — but what is it doing to the Web 2.0 ideal?","author":"Greg Swann","date":"December 18, 2008","format":false,"excerpt":"Can you read this? It came this morning in a piece of spam from Inman \"news.\" Spam -- unsolicited commercial email from vendorslut central. And: Spam with FUD, InmanStyle: \"If you can afford to ignore breaking real estate news and emerging technology trends, then Unsubscribe.\" That's creepy, sleazy, slimy and\u2026","rel":"","context":"In "Egoism in Action"","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1278,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1278\/more-random-notes-on-zillowcom-conquering-fear-uncertainty-and-doubt-to-become-the-neighborhood-superhero\/","url_meta":{"origin":110,"position":5},"title":"More random notes on Zillow.com: Conquering fear, uncertainty and doubt to become the neighborhood superhero","author":"Greg Swann","date":"April 9, 2007","format":false,"excerpt":"Michael Wurzer and others are tying themselves up in knots trying to prove that they understand what Zillow is doing wrong. My take is that they don't even understand what Zillow is doing, so, necessarily, it's going to look wrong to them from their frame of reference. I said this\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=110"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/110\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}