Do you want to buy into the media frenzy of negativity, or promote the fact that this is a great buyers' market, and an opportunity for sellers who have owned their property for more than a few years to make a decent return on their investment? The market is what you make it. Plenty of people are thriving. It's time to think outside the box.

Its about time somebody said it! Its like the "you are what you think say" and if feeding (continually) to feel the negativety in the market place that is all that will be. Lets move forward and not continue to sit in the past.

I agree, especially here in California. I know there are some qualified buyers, because I meet them in my open houses. Their motivation and preparation to buy especially if they are first time buyers, however, is another issue.

It's a media conspiracy! They are just doing this so they can afford to buy more property! LOL! Think about the weather man for example, the only person in the world that gets to go to work everyday, be totally wrong, and still have a job the next day. What's the difference, the media is the media, I wish the consumers would put as much effort into listening to industry crud as they do the weather. :-)

Yes, attitude is everything. I personally get frustrated with the media. Even now with real estate articles...."bad news" is all you hear. I do my best to convey that now "IS" the time for buyers to get off the fence and "BUY". Our market here has shown signs of an upswing in price.

You Got a New Attitude....and we need it!

With the Media, Tom you and I both know, if it bleeds it leads.

We need to make it our mission to let buyers and sellers alike that the situation is not that bad, and it is a great time to buy or sell!

Thanks for the invite Tom. :)

It isn't about buying into the media or hype. It is an acceptance of the facts. Real estate like all other businesses has a business cycle. The business cycle is neither all up nor down, There are peaks, and there are valleys. In real estate, the cycle is generally acknolwedged to be 18 years in duration. The last cycle peaked in 1988, and if you add 18 years it takes us to 2006. Another peak.

So, it is not just the media, it is about digesting a tsunami of facts, statistics and bad business practices coming back to haunt us. Unfortunatley I do not believe the media or our industy really has a full grasp on the events that are taking place right now. Ignoring the facts does not change their reality. However, knowledge allows us to minimize, and refocus our efforts. We do not have to couple ourselves to the current market conditions. We can create new streams of business abd be successful in spite of the news. Those that believe it is a media event, and not willing to change and adapt to the changes in business will be the first victims.

This is such a great opportunity for Buyers. But they are seating on the fence waiting to see if prices go down even more. What they are not thinking of is that interest rates are great now, and while they are waiting for prices to come down the interest rates will probally go up! Hope they don't wait to long and miss out!