I think the Olympics could not come at a better time, it has turned the media away (for the most part) the real estate, I'm not a betting person, but I would bet that we see an increase in sales for August because of the media's attention looking elsewhere!
True, but are the new buyers also giving their time to the Olympics? We need positive real estate stories!
Yes positive stories! No stories are better than where we were though. Olympic are good for business.
I couldn't agree more. I always talk about the negative media. They love the bit about the bad economy--get them great ratings! All this comes at the expense of the economy, consumers, and their state of mind. We all seem to be in panic mode because we see on TV that we should be. Having a positive diversion is great--the Olympics are certainly positive and will give us all a break from being so scared.
The Media has a big sway in the way buyers think. Sometimes media can be bad and good.
Lets wait and see.
With or without the media the housing market is in trouble. Foreclosures increased by 55 percent in one year. They might not be covering it right now, but it is still happening.
We invite you back to ActiveRain in 2016!
Much has changed since your last visit to ActiveRain. I encourage you to take another look at the website.
Surf some blogs, leave some comments. Better yet, post a Blog.
Best to you!
Comments (6)Subscribe to CommentsComment