Monday, June 22, 2009

NAR President Addressed Members of Dallas-Fort Worth NAHREP Chapter

Leader of National Association of Realtors sounds an optimistic note.

By SANDRA BAKER
sabaker@star-telegram.com

The dream of homeownership is alive and well in the U.S., the president of the nation’s largest real estate trade association recently told a professional group in Fort Worth.

"That’s pretty remarkable considering what’s happened to home prices and sales this year," said Charles McMillan, who this year is leading the 1.1 million-member National Association of Realtors.

McMillan got his start in real estate in Fort
Worth in 1983. He was the Greater Fort Worth Association of Realtors’ 1992 Realtor of the Year and the 2000 Texas Realtor of the Year.

He’s now director of realty relations and broker of record with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. He returned to his home turf Friday to speak to the Dallas-Fort Worth Chapter of the National Association of Hispanic Real Estate Professionals.

He told the group that consumers want back in the market on two conditions: They can get a home for a good price and financing at an affordable rate.
"With so many distressed properties for sale, it’s not difficult to find a bargain.

However, some might say that we communicated our message too well because now we have so many buyers who have unrealistic low-price expectations for all homes. They have the feeling that all sellers are distressed sellers and they’re not." Read Full Article Here!

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