So on top of all the other news that doesn't necessarily apply here, now they release a 13% decline in home sales prices. Although this must be true in our nation as a whole, what about the communities and locals that haven't seen this turndown? Arkansas as a whole has only seen decreases in certain markets, while others have continued to gain.
Is there any end to the media making light of this problem as a whole, or is there some way to highlight the ever-present gains in owning real estate, and the fact most real estate is a longer term investment than what people as a whole are willing to wait. In the best markets there has to be a limit to the number of "house-flippers" and "remodels" that can be absorbed by consumers. Not everyone moves every 6 months...thats the joy of owning your own home, not being subject to a lease and can sell when you want, or stay as long as you live.
I'm ready to see the light at the end of the tunnel with everyone else, biggest problem is, everytime things start to get close to it, the media or someone slams the industry as a whole for what a few select areas have done. No matter the numbers, I'd rather be selling Real Estate today than 19 years ago when the "numbers" were bad.
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