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How Bad is Today's Market, Really........

By
Real Estate Agent with HomeQuest Realty/Managing Broker
Every where I go, I keep hearing negative comments about today's Real Estate market.  Does anyone believe that maybe we are creating a self-fulfilling prophecy?  The more that we speak of negative things, whether it is real estate or anything else, the more negative things will become.  I believe that it is our responsibility, as real estate professionals to try and educate as many consumers as  will listen, instead of allowing them to form an oppinion based on media hype, which is, in many cases, based on declining numbers from specific regions which have nothing to do with yours.  Please, everyone, let's try to be part of a positive solution to the problem!!
Karen Reynolds
Champagne Staging, LLC - Wake Forest, NC

Cheers!!  Here in Raleigh NC the market is pretty good.  We never "bubbled" and prices are not crashing like many other parts of the nation.  Interest rates are still good in the big scheme of things but people got spoiled by the unrealistic 5% that hung on for a little while, so now they think 6% is highway robbery.  I still say that if a house is in top shape and is PRICED RIGHT it will sell.  This is not the market of 18 months ago and people have to adjust accordingly.

Great post.

Apr 03, 2008 08:45 AM
Anonymous
Anonymous
The market is down and there is alot less traffic ...... inventory is high, interest rates are low, the people are coming out .....what a great time to buy! ...stay positive and it happens....... 
Apr 03, 2008 08:54 AM
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