After reading an article on MarketWatch earlier today, I'm starting to wonder if maybe people are beginning to 'get it.'

I know they are locally. Over the past month or so, I've found that I'm just validating people's thoughts about the market, rather than having to convince them like I've had to do over the past 6 or 8 months. It was an uphill battle previously, mostly because of all the negative national press, but lately my fellow Okies are hearing the positives in more places than just my blog or newsletter, so they're beginning to gain confidence again.

But nationally, the problem has been that almost every 'expert' has a habit of reporting the negatives in the real estate world as a nation-wide problem, rather than emphasizing that each and every market is different, and that while some markets are hurting badly, others are still thriving.

So, imagine my surprise when I read in this statement today in MarketWatch:

"For every Raleigh, there's a Ft. Wayne, Ind., where prices were down 10.5% in the fourth quarter, year over year. And for every Los Angeles, where prices were down 13.1% in the fourth quarter, there's a San Jose, where prices were up 11.2% in the fourth quarter."

Yes! Maybe, just maybe, this will catch on with more of the legit (truthful, ethical) reporters, and begin to be reported on a wider level. It sure would keep me from sounding like a broken record :)

This was originally posted on my Edmond Real Estate blog, on 3/9/08

 

Search the Oklahoma City Metro MLS for your next home       Get information on how to get your Edmond or Oklahoma City home sold

 

 

6 Comments on Are the National Talking Heads Waking Up?

MAR
12
2008
 Hi Ryan,  Thanks for sharing that snippet of coverage!  It's like they say: weather and real estate are local issues!  Cheers, Harley
12:12am • #1
338,920 Points 49 Featured Posts Outside Blog
Oh Ryan....from your lips to God's ear. Wouldn't it be nice if the media could figure it out!
12:16am • #2
1,179,126 Points 3 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp
Ryan, we are definitely seeing increased buyer activity in the Tri-Valley. Buyers are learning first hand that the homes prepped and priced to sell are receiving multiple offers, near...at...or above asking price.
12:48am • #3
293,094 Points 19 Featured Posts Outside Blog

Harley, you're welcome. Local, local, local!

Colleen, yes it would! I personally don't think they care to figure it out though. All they want is to sell papers and ads!

Vickie, so glad to hear that, especially in CA, where the media would have you believe the world is coming to an end.
8:28am • #4
MAR
15
2008
1,373,578 Points 151 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master
I declined an interview with a major outlet days before our caucus because they kept saying out our economy is in "recession" and it is no where near that and I don't want to be a party to perpetuating that myth.  Instead they found an agent whose home was getting foreclosed on herself and she boo-hoo'd on TV about how horrible things are. 
3:07pm • #5
MAR
23
2008
293,094 Points 19 Featured Posts Outside Blog
Renee - so glad to see you're still above the fray of those of us who get it and those who never will.  Sounds like you made a great decision!  Hope you're doing great out in Vegas!
10:42am • #6

Login or register to leave a comment
 
Headshot%201211 Rainmaker_large

Ryan Hukill - Edmond Realtor®

Edmond, OK

More about me…

ShowMeOKC Team of Paradigm AdvantEdge

Address: 16301 N May Ave, Edmond, OK, 73013

Office Phone: (405) 259-6565

Email Me

          

The ShowMeOKC Team is passionate about helping you discover your surroundings from Yukon to Choctaw, Edmond to Moore, and everywhere in between. Serving your Real Estate needs is our business, and encouraging you to maximize life in the metro is our passion.


CLICK HERE TO JOIN THE
Join ActiveRain, the FREE Real Estate Social Network that will blow your mind!



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find OK real estate agents and Edmond real estate on ActiveRain.