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Enough Already!
Over the past year or so, we have been inundated with news reports that the real estate market is in the tank.  Yes, the bubble has burst, the sky is falling, and those who dare to voluntarily make a move are destined to spend eternity in hell for being so reckless.  Combined with the recent news about the mortgage industry, you'd have to believe that a giant, flaming meteor is on a collision course with downtown Indianapolis.
 
The biggest issue facing the real estate market today is fear.  A motivational speaker once explained fear to me as False Evidence Appearing Real.  Most often, fear is not based in reality, but in our perception of reality.  We hear things, accept them as fact, and draw conclusions.  Indeed, perception becomes reality.  In this article, I want to address a number of these perceptions and share with you what is really happening in our Southern Indiana Real Estate Market.
 
A common perception is that home sales are down.  This morning, I researched our Southern Indiana MLS to determine the number of home sales from January 1 - August 30, 2005 verses the same time period in 2007 and 2008; a year-to-date snapshot ... more

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