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
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