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OLD NEWS

By Jon Eliason

Real Estate Agent with EXIT Realty Advantage Pagosa, Pagosa Springs, Colorado

April 02, 2012 11:50 PM

The housing Market is to turn around in 2012!!! Oh Goody!

It seems like every morning I log into my computer, I see another media outlet telling me that the Housing Market is "Going" to turn around. The only thing that I really notice in these reports, is this source hasn't been paying attention. I think some of these some wannabe news sources jump on the wagon, long after everyone else is down the road.

EVERY AGENT can tell you that Real Estate is local. Why doesn't the media understand this? The following snapshot is from a page on my website. These figures are presumed reliable, but not guaranteed...

By looking at this snapshot, you can see that Pagosa's Market's low was in 2009. We are currently on pace to match or better, 2011.

Every time I see a new News report about our recovering market, I think to myself, "Wow, where have these guys been?" It just tells me that this source doesn't pay attention to Real Estate as closely as the ones that reported the positive indicators, last year. The activity in our own areas, needs to be closely watched within our own territory, that way when a Buyer asks us what our market looks like, we can pull out our individual snapshots and show them the big picture, not some old news...

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Fernando Herboso - Associate Broker MD, & VA

Maxus Realty Group of Samson Properties - Clarksburg, MD

301-246-0001 Serving Maryland, DC and Northern VA

The only market that matters is the one we work on. . and we have some good news in mine. .

Yours look the same. .

Apr 02, 2012 11:54 PM

Jon Zolsky, Daytona Beach, FL

Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL

Buy Daytona condos for heavenly good prices

Jon - I like the way you did it. Very simple. I need to do the same thing for our area condos.

Apr 03, 2012 12:02 AM

John McCormack, CRS

Albuquerque Homes Realty - Albuquerque, NM

Hi Jon -

Yep you've nailed this one on the head! I've been screaming it for years now and even stopped watching all the negative news for a while. Indeed each market is different and the Albuquerque area has never been as bad as reported via the almighty news media. If you want the truth contact a good Realtor®.

Apr 03, 2012 12:08 AM

Mona Gersky

MoonDancer Realty, Dillsboro,NC - Sylva, NC

GRI,IMSD-Taking the mystery out of real estate.

Jon, this is so true and so frustrating. It makes it even more difficult when we have buyers coming to this area from really suffering real estate markets and they expect to pick up properties near the Great Smoky Mountains for pennies on the dollar!. Local, local, local. The media can sometimes do more harm than good when "reporting" on real estate.

Jon Eliason

EXIT Realty Advantage Pagosa, Pagosa Springs, Colorado - Pagosa Springs, CO

Fernando ~ This is very true. Having a finger on the pulse of our local market will show Home Buyers we are paying attention to OUR areas. Thanks

Jon ~ I used to write ISO9002 Docs for Apple Computer back in the earlt '90's. I have continued, for the most part, to keep it simple and to the point. Thanks for stopping by.

John ~ I agree. I am glad you are there to set the Buyers straight. Every area needs a Quality Agent and Albuquerque obviously has the best one for the area. (That would be you) Thanks for commenting! :)

Mona ~ I have seen, too, where incoming buyers are expecting the bottom. Problem is, they missed it and can't seem to understand why. This tells me they watch to much T.V. and believe everything they see. Buyers need to pick up the phone and call a Realtor® in the area they are interested in and get the pure and simple skinny on that market. The media doesn't have a clue on whats going on in our local markets. Thanks.

Apr 03, 2012 12:26 AM

Cheryl Thomson (Army Veteran)

Pearson Smith Realty - Gainesville, VA

Associate Broker in Northern Virginia

I think the media just likes to report SOMETHING. If they don't report anything they probably will be out of business.

Apr 03, 2012 10:34 AM

Cheryl ~ I concur. I suppose there are reporters out there that are feeling the pressure to report about "What sells". It's actually pretty sad.... There are some journalists, that I've seen over the years, that have become sensationalistic due to their aspirations not reaching the heights they wanted as young reporters. Thanks for stopping in.

Apr 03, 2012 09:48 PM

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