When the Media Get On Board, The Train's Leaving the Station!


 

Instead of promoting gloom, death and destruction for the lending and real estate communities, Tucson's Arizona Daily Star Sunday edition led with an above-the-fold title that could just as well been the lead for the National Association of Realtors publication or that of the Arizona Association of Mortgage Brokers! 

Paul Slaybaugh, new moderator for Active Rain Addicts, a blog group of the Active Rain Real Estate Network, wrote recently about the challenge in market conditions.

Here's what he said:  "Buyers have waited 15 years for the current market conditions, with low interest rates, sagging prices and plentiful inventory.  Now that the conditions are ripe for buyers, however, they are afraid to take the plunge.  Media, friends, family, the plumber, and the plumber's dog are all telling them that they should wait.  I fear that many of these buyers will miss the boat by waiting for the media to flash the klieg light announcing "We have hit bottom!  Go buy a house now!"  Much like the sellers from a couple of years ago who held on too long, they risk waiting themselves right out of opportune conditions by trying to wring every last price drop out of the market."

Tucson has all the things Paul talks about in that paragraph above.

  • Low interest rates
  • Attractive prices in many segments of the market
  • Great inventory!
  • and Buyer Fear

You may be reading this on Localism.com.  If so, check out the top REALTORS and Lenders on Active Rain.  Fear leads to inaction.  Don't let it stop you. 

Read our profiles.  Check us out.  We're proud to be top professionals in this market, and you can see from who we are, and what we write about, that Active Rain sets us apart from ads in the newspaper and spots on the radio.  

We're people you can trust to look out for YOU--our client.  Give us a call.  It's time to buy your place in the sun! 

I'm Mike in TucsonAnd that's the real estate opinion of this Tucson, Arizona mortgage lender.

Mike Jones (Tucson Mortgage Company, LLC): Loan Officer in Tucson, Pima County, Arizona
 

20 Comments on When the Media Get On Board, The Train's Leaving the Station!

Hot Damn!  (Can I say that in a public post?)  I'm giddy about the good news finally in the media.  Please feel free to delete :-)

10/22/2007 10:21 AM by Kris Wales-A partner for your real estate needs in Macomb County MI (RE/MAX Advantage 1, Inc.)


Kris, it put a smile on my face too.  Thanks for commenting; our readers won't mind at all.  It's been awhile since Rhett Butler shocked the world at the foot of the stairway with his famous line "Frankly, my dear..."

Mike in Tucson

10/22/2007 10:29 AM by Mike Jones (Tucson Mortgage Company, LLC)


I certainly hope the Ft. Worth Star-Telegram sees this!  I may just send them this! All we hear is gloom and doom and the Ft. Worth market is awesome! Finally, some good news! Yippee!!

Thanks for giving every one a plug with your comments to check Realtors and lenders!  Always the giver you are!

10/22/2007 11:33 AM by Linda Scanlan ~Selling All of North Texas (Hall Team Homes)


Mike,

Wonderful post on a great story. I just read another that said something to the effect that "some great comes from every makret"...so true.

Thanks for sharing this.

10/22/2007 11:59 AM by Orange Co. Real Estate~Lynda Eisenmann, Broker-Owner, Brea, CA (Preferred Home Brokers)


Thank you for the post! It is great to see someone selling the positives of the current market vs. focusing how the world is coming to an end. 

 

Carpe diem,

 

Chris Pollinger

 

10/22/2007 12:07 PM by Chris Pollinger (Mastery Coaching)


Mike, what a neat headline!!

I like the Arizona Daily Star!  The arts critic wrote a nice review of one of my concerts there, way back in 1981..

10/22/2007 12:07 PM by Madeline Island Realty - Eric Kodner Sells Madeline Island


MIKE:  If we still had a rating system, I'd give this a 5.  I'm glad that you gained some valuable knowledge out of the interview that I did with Paul.  I recently wrote a few posts on this subject as well.  You may want to check them out when you get a chance.  You can find them on Sunday Bloggy Sunday.  My personal feeling is that the time to buy is when you need to.  If you don't have a need, you can wait things out for longer if you're a seller, as long as you realize that it may take more time.  If you're a buyer that needs to buy, then there is no sense in waiting.  Great job, Mike.

10/22/2007 12:41 PM by Adam Waldman - Long Island REALTORĀ® (RE/MAX Best)


Woo hooooo!!!  It's about TIME  :)   I think you just made my day.  I can't wait to see the flurry of copy cat stories to this article-  I hope that the news finally gets out to the unsuspecting buyers:  It is a GREAT time to buy!  I'm hoping you see a gold star for this post...

10/22/2007 11:48 PM by Chico CA Real Estate by Sandi Bauman, Chico CA Realtor (Chico Homes Real Estate)


Thank you all for commenting! 

Linda, thanks for stopping by!  You might want to email it to the Ft. Worth Star-Telegram and follow up with a call to the editor!

Bill and Barbara Jo, what's going on in Florida?  Ditto the suggestion to sent to your local paper.

Lynda E,  you're an encouragement.  In this market, that's the number one thing!

Sandy, see my comment to Linda.  Do you know the editor of your local paper in Seattle?

Chris, thanks for commenting!  It's easy to sell the positives.  You just have to look for them.

Eric, you're a musician! "The arts critic wrote a nice review of one of my concerts there, way back in 1981.."  If you've mentioned that in a meme, please post a link back to your meme right here!  Enquiring minds want to know.

Adam, that's a high compliment coming from you.  Thanks!

Linda S, You're another encourager.  I appreciate that!

Sandi, thanks for the comment!  Spread the word!

10/23/2007 05:58 AM by Mike Jones (Tucson Mortgage Company, LLC)


Mike,

I was Principal French Horn in the Tucson Symphony for two years back in the early 1980's.  I remember performing Brahms' 2nd Symphony with conductor Alvaro Cassuto and the critic for the Arizona Daily Star was Kenneth LaFave.  Ken was kind enough to write a very flattering review about my horn solos in the Brahms.  And I didn't even have to bribe him!

Nope, never been meme'd. 

10/23/2007 06:59 AM by Madeline Island Realty - Eric Kodner Sells Madeline Island


Eric,

You have now!  I, Mike in Tucson, do publicly and with great anticipation, MEME Eric Kodner, former Principal French Horn in the Tucson Symphony!  LOL

Mike in Tucson

10/23/2007 07:04 AM by Mike Jones (Tucson Mortgage Company, LLC)


Mike, I shouldn't log on when I'm half asleep..coffee hasn't kicked in yet!

I walked right into that one, didn't I?  Like a prize fighter with a glass jaw..

10/23/2007 07:15 AM by Madeline Island Realty - Eric Kodner Sells Madeline Island


Good news from the press is very hard to come by. Thanks so much for sharing this amazing event!

10/23/2007 09:57 AM by Gaylen Thornton (Desert Heritage Real Estate)


Eric, you're a good sport, my friend!  I'm looking forward to your MEME!

Gaylen, thanks for commenting.  Every market has a silver lining!

Mike in Tucson

10/24/2007 11:07 AM by Mike Jones (Tucson Mortgage Company, LLC)


Mike, I just found this old post of yours, and was pleasantly surprised to see you reference my words. I'm pleased that they came to mind when you ran across a positive story in the paper for a change.  Even though this is a bit dated now, it is still refreshing to see a few silver lining stories circulate.  Great post, and not just for mentioning my name ;)

12/01/2007 03:43 PM by Paul Slaybaugh, Scottsdale AZ Real Estate (Realty Executives)


Mike,

Great headline and we need a few more of them. All over the place. It's so true that the media has spooked many a buyer so bad that they'll miss the train when it leaves the station. And interest rates keep on dropping. What a buyer's market.

12/01/2007 04:21 PM by Esko Kiuru - Las Vegas NV Mortgage Consultant (Sinifox Financial)


Esko,

It's a buyer's market for sure.  Thanks for commenting.  Best wishes for the Christmas season in NV!

Paul,

You're worth mentioning!  Thanks so much for commenting. (And thanks for moderating AR Addicts!)

Mike in Tucson

12/01/2007 11:08 PM by Mike Jones (Tucson Mortgage Company, LLC)


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Loan Officer: Mike Jones (Tucson Mortgage Company, LLC)
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