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MetroBrokersTV: We are at the Palace Hotel here in San Francisco at Brad Inman's Real Estate Connect 2008 and I am with the President of Metro Brokers Moe Giroux and Moe, welcome.
Moe Giroux: Thank you.
MetroBrokersTV: So, last day here of the event and any insight or tips you picked up? This is your fourth Inman right? So, you are a pro?
Moe Giroux: This is my fourth. The first one was overwhelming, very intriguing, very eye opening, and I think maybe the thing to do is skip a couple, come every couple of years or so. I mean a lot of it seems to be like old hat.
MetroBrokersTV: So, anything that really stuck out in your mind? What was the biggest thing for you here?
Moe Giroux: The Real Estate Market overall in the United States is kind of sad. The foreclosures, the short sales, the drop in values; it is going to take a few years to get us out of this.
MetroBrokersTV: Yeah, but I think good revelation and fact that the Denver Real Estate Market is doing really well.
Moe Giroux: Well, it is and I think the thing is you know we are in a buyer's market and what do you do in a buyer's market? You buy. So, people need to be taking advantage of this now. Ten years from now, people are going to look back and say, hey, why didn't...oh, wait, why didn't I buy a few of those properties? Well, take the action now.
MetroBrokersTV: Yeah. It kind of reminds me back of what was happening in Denver say in the '80s and we thought we would never come out of that market and now to think that you could have bought a house for $40K grand...
Moe Giroux: Yeah, I remember that and it is true. That is just what history has proven up to be true, but you know rates are down, inventories are up, sellers are motivated, incentives are there, take advantage of it.
MetroBrokersTV: Yeah, great. Well, thank you Moe for sharing your thoughts and views.
Moe Giroux: All right. Thanks.
Posted on August 18, 2008 04:21:54 by  Mark.Eibner
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