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Wish there was more for the news to report

By
Real Estate Agent with Realty Executives Boston West 113011

All day long all I heard on several radio channels and tv news channels is that homes sales are down.  Then when I go on Yahoo first thing that pops up is how home sales are down.  Slowest in a decade.  I must say real estate is local and that is a national number.

When there is a slow news day, which I can't imagine that could happen with the news of Illinois governor Governor Blagojevich, Caroline Kennedy becoming senator of New York, and Bernard Madoff's ponzi scheme.  Those are enough to report on.  I have noticed that real estate gets in the news when it is negative but then that is true of other subjects too.  I have noticed that about nutrition too.  They only report on something that is not working and never talk of what is. Hmmm.  What is with that?

Offers are still being accepted here in Needham and nearby.  Just tonight an offer accepted for a home that just came to market.  Too bad they seem to need to report the bad real estate news all the time but I guess that is what they call "news."

I still don't think any negativity really helps and it gets into people's mind and that is what they think all over.  I just had an accepted offer 2 weeks ago and we will close before the year end.  In Needham we have had 14 properties go under agreement with an average price of $783,487.  Not bad for December in the slowest market in a decade. 

It would be nice if they would take a break on the bad news in real estate.  Any one else agree with me.

 Pat Baker, Broker Associate | Coldwell Banker Residential Brokerage |1 Chapel St., Needham, MA 02492   |  781.444.7400 |  C: 617.435.3471 |  E: Pat.Baker@NEMoves.com - www.patannbaker Serving my clients in Needham, Wellesley, Dover, Weston, Natick, South Natick, Sherborn, Dover, Dedham, Holliston, Millis, Medway, Medfield, Westwood

Comments (7)

Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

I agree but I would rather hear about real estate than somebody getting killed

Dec 23, 2008 01:45 PM
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

I completely agree!  There are many markets that aren't in the mold "they" have created, and all it does it create more fear... I just hope rates stay down until I can lock one in on my own house.

Dec 23, 2008 01:47 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Unfortunately Pat the media's job is not to make Realtors feel all warm and fuzzy. Their job is to report the facts and this HAS been on of the worst periods in Real Estate we have ever seen. I am not sure why Realtors always get so bent out of shape about this?

Dec 23, 2008 10:09 PM
Pat Laracy Baker
Realty Executives Boston West - Holliston, MA
Pat Baker Dream Home Maker

Hi Donna,  I hope the rates come down as well.  Best to you, Pat

Dec 24, 2008 04:15 AM
Pat Laracy Baker
Realty Executives Boston West - Holliston, MA
Pat Baker Dream Home Maker

Hi Bill, You are right.  Hope all is well. Wishing you wonderful holidays. Pat

Dec 24, 2008 04:15 AM
Pat Laracy Baker
Realty Executives Boston West - Holliston, MA
Pat Baker Dream Home Maker

You are right too Russ. Thank you for your comment. Best to you,Pat

Dec 24, 2008 04:18 AM
John Prescott
Century 21 Commonwealth Wellesley - South Natick, MA
Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest

Pat:

Media coverage is a hot topic these days.

Thought you'd enjoy this link, which shows how today's media might cover the birth of Jesus in the news.

It speaks to your sentiments.

Happy Holidays!

 

John Prescott

- bostonkayakguy

Dec 29, 2008 04:41 AM