on Market-Fear and "Thought-Positions vs Talking-Points"...

By
Real Estate Agent with Tami & Steve - Coldwell Banker Burnet

Yesterday, Steve Hansen (Tami & Steve and www.I-94Homes.com, Central MN's top Real Estate agents) wrote a blog regarding market-fear generated by local and national media. (http://central-minnesota-real-estate.blogspot.com/2010/02/market-fear.html)

Absolutely! While it is important to be up on the times in the real estate market and be knowledgable about the current trends, it is most important to keep it in context as well! Recently, the national media ran stories about how the market was showing statistically low performance. Keep in mind, this is referring to the time immediately prior to and post holiday season. As compared to the year, it is always low. As compared to a year-over-year analysis, Dec 2009 was +15% over that of Dec 2008! (see following link to NAR story for balanced context)  http://www.realtor.org/press_room/news_releases/2010/01/december_down

This just goes back to my point a few days ago, "Thought-Positions vs Talking-Points"  ( http://activerain.com/blogsview/1467672/-thought-positions-vs-talking-points-). This is not really that difficult of a concept! Critical thinking is all it takes to give a true representation of the market or to understand it. Unfortunately, media throws steaming hot fireballs to incite controversy and they leave it to us to pick up the charred pieces with the public. However, I know we are up to the task. so let's do it! Fight the good fight and help spread the true and ethical stories that need to be shared!
 
Jesse Hopkins-Hoel
Tami & Steve / www.I-94Homes.com
Colwell Banker Burnet
320.281.9191
 
 

 

Comments (2)

Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

The point they all miss is the American dream. Bring up a family in a home has a moral as well as a physical value. Children playing n a yard and feeling secure in their space is the most important statistic and value

Feb 13, 2010 02:58 AM
Jesse Hopkins-Hoel
Tami & Steve - Coldwell Banker Burnet - Saint Cloud, MN

Charlie,

I couldn't agree with you more! It seems that in the market conditions we have been faced with in the most recent years, we are forced to be reminded of this fact. Although the "intrinsic" investment may not always be a positive outcome... the significant individual and familial ROIs that come with home-ownership and the far-reaching effects on productivity and quality of life that it affords must be registered. Unfortunately, these are difficult to enumerate. I AM WITH YOU, HERE! Thank you for your thought!

Feb 13, 2010 03:09 AM