The so-called media talking about the so-called National Real Estate Market needs to shut up with all the doom and gloom! I don't know what kind of crystal ball these so-called experts are looking into in order to make the recent rash of negative predictions, but accurate or not, just the saying so is, unfortunately, enough to drive the market in the wrong direction.
The Real Estate Market is in large measure, perception driven, in one direction or another. It's as simple as this; if you're a buyer out there listening to it all, why in the world would you make the decision to purchase in a market you believe to be in a declining condition? The answer is, of course, that you wouldn't. Anyone in their right mind would wait until a point in time where, right or wrong, when they believe the market to have hit bottom or to be finally trending upward.
All the market needs to recover is the belief that it has. I know that's a tall order in reality, but the simplicity of what can make or break any market is both elegant and fascinating.
I know, I know, I want to throw up as much as the next guy every time every time I get quoted something along the lines of the so-called "Secret" and a so-called "Law of Attraction" which essentially says all will be well if we just think positively. In the case of the Real Estate Market, that might just be what we need to do - that and a lot of convincing out there that all is well with Real Estate.
Whenever anyone asks "How's the market these days?" we should make it our mission to declare that it's "Looking up!" or something equally or even more positive.
That might make all the difference in the world. Let's at least give it a try. That and a letter writing campaign in each of our respective communities for the news media to just shut up with the recent rash of what invariably become self-fulfilling prophesies in the wrong direction.
Who knows, maybe if we do, you'll make me a believer in "The Secret" after all.
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