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Lets see the paper print this.

Our local paper published an article that almost was positive. The article was giving the previous months new home sales vs. new home starts and the numbers showed that the inventory had gone down, only slightly but down. The article than went on to tell how foreclosures where going to flood our market. The following is my response, let's see if they print it.

Dear News Press Real Estate Desk,
I'm writing this in response to your updated Real estate section.

I'm glad to see that you are looking for the good in our market, there is a LOT. I read with interest your article on new construction sales, it started off very positive. Unfortunately you managed to put a negative twist on the story when you stated that in the near future our market is going to be flooded with foreclosures. While this is true what you did not mention is that most of these future foreclosure listing are on the market now as short sales. When a bank takes possession of a home by foreclosure they will usually put them on the market at appraised value, where most short sales are priced under appraised value. With this in mind, my belief is the bottom is near, where we will stay for sometime. Once on the bottom I do not see any gain until we start to eliminate some of the inventory. I do think we stay a buyers market with great buys, great interest rates, tax reform on our ballot, the Gov still going at insurance company's and again a mild Hurricane season. My personal belief is that we are a great place to live and work. This needs to be relayed to the rest of the country, not just the gloom and doom. Please feel free to call or e-mail, I would be more than happy to discuss.
Sincerely,
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Scott R. Turner Sr.
CENTURY 21 Birchwood
239-633-5765 (Cell)
239-542-7760 (Fax)
Turnerteam1@aol.com
http://www.turnerteam1.com/

Posted by Cape Coral Florida Real Estate Scott R Turner - Turner Team 1- 239-633-5765 on 11/02/2007 07:55 PM

Comments (11)

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11 Comments on Lets see the paper print this.

NOV

2007

Doom and gloom sells that is why they love to waller in it.

Scott- yea let's see if they print it :) Good news wouldn't be on the front page even if it did get printed....doesn't sell anything.

It would be nice if they decided that people have read so much bad news and they are tired of it, so good news would sell again! I think that is a long shot, but it will be interesting to see how they handle your letter.

NOV

2007

It would be great if the media could start printing the positive sides of our market also. As your article mentioned, there are a lot of positives also and just maybe would people like to hear something good sometime. Let us know how it goes.

Scott -- good for you --did you get any responses?

NOV

2007

Scott

I work with Dick on a few things, He is not looking for negitive things to print, but if they are their , he will print them

to be honest, no one, I mean no one is going to buy a house of one of Dicks articles, lol

the last thing you want to do, is give someone a false sense of hope, causing them to make a mistake

its not all about the selling

this is not the media's doing, we as an industry did this, the sooner we get concept, the better off we will be

I understand that Dick is printing the truth, unfortunately he is not reporting both sides of the issue. I am working with plenty of buyers who I first meet that are scared to death to buy because of what they read. When I take the time to explain to them the positives of our market (and there are positives) they start to see the benefit of buying now. I am making a good living and I'm not blowing sunshine at people. I'm telling people the whole story and not just the negative side. If you are a blue collar worker you can now afford to buy, you do not need to be afraid to buy. You work down here in Southwesr Florida, if you really believe it's doom and gloom than you maybe part of the problem. When I list a home I do not give false hope. I tell my sellers were they need to price to sell. If they are upside down or in a bad way, I explain to them there options. If they insist on a price that is unrealistic I don't take the listing. We as an industry did not do this, demand did this as well as greed. Our market is now re-adjusting as it has in the past and it will do in the future. If we as an industry would work to tell or friends, family and clients the whole story the negativity would start to subside. I sir refuse to walk around and poetry a negative attitude to my public about our industry. I will tell both sides of the story. If you believe this is being done your are mistaken. I will leave you with this comment. I e-mailed this to Dick with my phone number, my e-mail address and an invitation to call or write. I'm still waiting.

Sincerely

Scott R Turner

CENTURY 21 Birchwood Realty

Cape Coral Realtor

http://www.TurnerTeam1.com

http://www.TheTurnerTeam.info