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The media's uneducated opinion of the RE market...

By Karen Monsour

Real Estate Agent with Coldwell Banker Fort Lauderdale Beach

January 03, 2008 03:23 PM

I love Rush Limbaugh's comments tonight on FOX...he is right...people are paying their mortgage payments...the situation is not as bad as the pathetic market is projecting.

I have been posting...STAY POSITIVE for several months...after all, how many new's reporters have a clue about the REAL, YES I SAY REAL, REAL ESTATE MARKET???

I mean, the issue is, the banks cannot close real deals...they are slow to close even good deals...they are causing the issues right now...even good deals are being disrupted by the banks...even cash deals are causing issues...in wired transactions...so. JMO....its another issue...

What you say?

http://www.karenmonsour.com/, cell anytime 954-464-4194

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Carol Culkin

Diamond Partners Inc - Overland Park, KS

Overland Park Residential Real Estate

Hurray for Rush!

Jan 03, 2008 03:29 PM

Brett Noel

Keller Williams - Paso Robles, CA

Good for Rush if he said that ;)

Jan 03, 2008 03:33 PM

Karen Monsour

Coldwell Banker Fort Lauderdale Beach - Fort Lauderdale, FL

REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert!

Carol n Brett...Yep! I agree...Some times he amazes me...FOX News!

Jan 03, 2008 03:40 PM

Charlottesville Solutions

Charlottesville Solutions - Charlottesville, VA

We all need to be positive and I am glad you are spreading the word!

your friend in Charlottesville

Jan 03, 2008 10:31 PM

Matthew J Blum - (retired from the business)

Palm Beach Gardens, FL

Karen, While I am not a fan of Rush he is right in this case. THe problem with the lending industry is right now everyone is just so afraid to make a decidision.

Jan 03, 2008 10:42 PM

Lenn Harley

Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA

Real Estate Broker - Virginia & Maryland

I say "It's a mortgage mess".

It goes way farther than real estate, homes, buyers, agents. It extends all the way up the financial markets ladder.

It extends to hedge markets and foreign econonies. They were all making big bucks on the housing boom fueled by low interest rates. They got greedy and went too far.

It's over and they have to take their lumps. As usual, they want to blame the American people. They need to look in the mirror.

Jan 03, 2008 11:37 PM

Jeff Kessler

Austin Homes, Realtors www.OwnAustin.com - Austin, TX

Broker,CLHMS,GRI

Most of the mortage problem is in FL and CA.,but the media projects it as all over. Pretty sad. We are number 7 in the Nation for the 3rd quarter of 07 here in Austin. So I guess the media isn't always right. ;)

Jan 04, 2008 12:02 AM

Matt,

You are so right...my short sales are absolutely pathetic...I mean, come on now...how many months are you going to make these people wait for a decision?

Jan 04, 2008 03:39 PM

Lenn,

Thank you for posting here...I so agree with you...Mirror's are always scary, when those looking in are guilty!

Jan 04, 2008 03:41 PM

Jeff,

The buyers are there, the lenders are not. The current situation needs a correction and soon...

Jan 04, 2008 03:42 PM

The media's uneducated opinion of the RE market...

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