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Kill The Messenger!

By
Mortgage and Lending with Pinnacle Mortgage NMLS# 147581

I'm tired of hearing it! 

Every-time you turn on the radio or TV or pick up a paper, some self proclaimed expert is talking about how bad the real estate market is and how much more they think prices will drop before it is over.  And if you're thinking of buying a home you should wait. 

Well guess what.  It won't be over until people start buying again.  And if everybody is waiting for CNN to say it is OK to buy, it will never be over.  The media is always the last ones to know.

There are a ton of nice homes for sale.

Motivated sellers are anxious to bargain.

Interest rates are ridiculously low.

These are ideal conditions for a buyer to be shopping in.  Would you rather have 5 people fighting over the same house and paying over full price?

The time to buy is now!  When the media announces that the correction is over, sellers will start playing hard ball and the best deals will be gone.

Comments(2)

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Danial Dansereau
Watson Realty Corp. - Fernandina Beach, FL
Fernandina Beach Realtor®

 If only the media would listen to those who do the job and not the ones who analyze it. I guess in this instance, killing the messenger may be a great idea.

Jul 24, 2008 01:33 PM
Sandy Gleason
North Pointe Realty - Buhl, ID
Realtor for Southern Idaho-Magic Valley

I agree, we are busy and it is killing some deals because of what they are hearing on the news.

I wish they would interview us or only report about certain markets not making it sound as

though it the same all over the U.S.

Jul 24, 2008 01:52 PM