I am sick of the doom and gloom the media portrays in the industry. These idiots that write this stuff are absolute morons! I swear, if a media person doesn't have something negative to write about, then they are lost! In the Post-Dispatch today, they write, "the market is down" and on and on. Here is my point: The idiot that wrote the article talks about how some loser had to drop his price $40,000... DO YOU THINK MAYBE IT WAS OVER PRICED?!
At the end of this fantastic piece of literature, he/she did state that prices of homes that have SOLD went up approximately 1% in St. Charles county (it is actually more). Here is the problem: Agents are pricing houses too high; they tell people their houses are worth more than they are just to get the listing. Of course, it doesn't sell and there is limited showing because IT WAS PRICED WAY TOO HIGH! So, that is the ONLY problem in St. Charles county: agents pricing homes high just to get the listing. Then, when it doesn't sell, "it's because the market is bad."
Well, I could go on and on about the subject... I would like the genious that wrote the article to explain to me how a 1% gain in price in homes SOLD (not asking price) relates to a "down market?"
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