The Media and Real Estate: A Toxic Relationship?

Reblogger Lori Franks
Services for Real Estate Pros with Real Estate Consultant

To my Readers:

This encouraging post from my friend Cameron Wilson gives sound advice to buyers. Right now is a good time to buy! We need to stop listening to the negative slant the media is pushing on us all the time and look at things in a positive and professional manner.

Original content by Cameron Wilson

 All of Us Rely on the Media to Keep us Informed " Up To The Minute" on Current Events and the manner we receive this information varies from the Internet, Television and the old fashion Newspaper but the fact remains we all to a certain degree allow others to influence our opinions. What if the information we receive is slanted to fit the Ideals of the Reporter and how much influence does it have on the population as a whole? Does this create a mindset that influences people's attitude? You bet it does but do most people investigate the information to see if it is true? Most of the time the answer is NO!!!!!

 It is no Secret the Real Estate Market is Down From Previous Years and the media has reported this even though the years they like to use as a comparison were over inflated as the early years of 2000 were not Average. So be it but now many in the Media are trying to bring to the public the falsehood that people cannot get a Home Loan let alone qualify for a loan. What a bunch of "BS" being dumped upon the American public as what the Media is neglecting to say is it's not possible to get a"Liars Loan" where no information on the loan application is verified!!!!

 Thirty Years Ago My Wife and I Purchased Our First Home with a FHA Loan, last I heard FHA was still in business, that allowed us to achieve the American Dream of owning our own home at the tender age of 22 & 20 respectivally. We had to verify that we had jobs and a 3% down payment, borrowed from my parents, and with this Old fashion concept we moved into Our Taj Mahal. By the way the interest rate back then was 10% fixed!!!!

  When I have a Problem With my Car I seek Out the Advice of a Professional Mechanic even though the Media reports GM is having a problem with their business as I do not understand how my vehicle was built but they have the Truth to my questions. IF you have a question about a subject seek out the advice of a professional in the industry as they know the reality of the their Profession regardless of what the Media may say.

 In The Past Three Weeks Four Families Have obtained Loans and Closed Escrow on homes with me personally, three in Murrieta and one in Menifee Ca., so I guess they must not have been watching the news as they were too busy achieving the American Dream. I don.t say this to brag as I sell Real Estate and I don't know the first thing about running a Newspaper or Media outlet.

 

For Your Real Estate Needs Please Contact Me: cameron.wilson@century21.com

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Show All Comments
Rainmaker
1,087,556
Greg Nino
RE/MAX Compass, formerly RE/MAX WHP - Houston, TX
Houston, Texas

I read this, it was a great blog!

Oct 25, 2008 04:54 AM #1
Rainer
57,867
Lori Franks
Real Estate Consultant - Brookings, OR
Brookings, Oregon

Greg- how are you? I have been busy with life outside of real estate for a few days. I will try to stop by your blog tomorrow and see what you are up to.

Oct 26, 2008 05:00 AM #2
Rainmaker
662,024
JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

Cameron did a great job on this one, it certainly deserved a second look.

Oct 27, 2008 06:17 AM #3
Rainer
57,867
Lori Franks
Real Estate Consultant - Brookings, OR
Brookings, Oregon

Thanks JL....we do need to keep the positive juices flowing!

Oct 27, 2008 08:03 AM #4
Ambassador
893,091
Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

Lori thanks for sharing Cameron's post.  It's true that in spite of all the doom and gloom people are still buying and selling and there are agents with sales off the charts. 

Oct 28, 2008 05:50 PM #5
Rainmaker
544,744
Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

Hi Lori, The media thrives on negativity and a surprising number of people believe every word that comes out of the mouth of the media.  That is so wrong.

Oct 29, 2008 07:53 AM #6
Rainer
57,867
Lori Franks
Real Estate Consultant - Brookings, OR
Brookings, Oregon

Janna- I wish I was one of the agents that had sales off the charts. Unfortunately my buyers are listening to the negative media blitz.

Shirley- I agree. We need to always research what they are reporting, not just believe reports blindly.

Oct 30, 2008 09:14 AM #7
Rainmaker
130,480
Kevin O'Shea
Coldwell Banker - White Plains, NY
White Plains, NY Real Estate

Hi Lori,

The Real Estate market used to be about life, not just about an investment. Whether the market is good or bad some people need to buy and some need to sell.

All the best!

Oct 31, 2008 05:21 AM #8
Rainer
57,867
Lori Franks
Real Estate Consultant - Brookings, OR
Brookings, Oregon

Hey how's it going Kevin? Thanks for stopping by and adding your thoughts!

Oct 31, 2008 01:10 PM #9
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Rainer
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Lori Franks

Brookings, Oregon
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