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The Sky Is Falling!!! NOT

I know that I am tempted at times to fall into "The Sky is Falling" type of mentality,.. after all,.. it is everywhere. One group of people seem to think that Obama is the great new hope,.. others are inundated with e-mails stating that he is the anti-christ himself. How will this new administration effect the Real Estate Market,.. The Buyers and the Sellers?

The truth is that the news we hear most often is of a national nature. Your area may be doing worse than that average, or it may be considerably better. It is important to note that "Bad News" buys ratings at a greater rate than "Good News". The networks are rewarded for skewing things negatively.

Unfortunately, this also effects the Buyers and the Sellers in Your area.

We are the professionals, and it is our job to look at the stats and educate our clients relating to our market. Real Estate is Local,.. and sometimes it is different even between the different neighborhoods in your area.

Don't be caught up in the hype,.. do your own homework,.. don't rely on the news, or your local paper even to supply the statistics you need. Our board has begun to track the averages, the medians, the actives and new listings vs the pending and solds and it is amazing that our numbers are far better than the local papers,..

But then again,.. we aren't trying to sell papers,..

Posted Tuesday Nov 11