Dream Media! LACK OF CONFIDENCE!

WHAT'S UP WITH THE REAL ESTATE MARKET? Lack of confidence is really what we are talking about here. Reality is that the price of homes has declined. Long-term investments have their ups and downs and real estate is, after all, a long term investment.

NOT IN THE NEWS - If you look at the market over the past decades and decades, real estate increases over time.. no matter what the market is in the short run.

The media version of the real estate market and mortgage lending, for that matter, does nothing to help build it up. Another example of how Bad News is King in the media. Wouldn't you love to see a local highlight each night on how many homes have sold? Now that would be news that this country could use.

It's funny to me.. Real Estate ON SALE NOW... ATTENTION BUYERS! But somehow it gets turned around! If the plasma TV you have been wanting to buy drops in price, should the headlines read.. Economic Crisis? The economy is falling apart! Just an observation that everything has it's ups and downs and real estate is no different.

Everyone who has their home listed at an amount that is unrealistic for the market is making matters worse. If the overpriced homes were not on the market, the saturation problem would be lessened. After all, the majority of the sellers on the market are going to buy a home to move into.

It's the simple law of supply and demand... and right now supply is over demand by 9 to 11 months!

EDUCATION - If you price your house in line with the market and you buy a home that is in line with the market.. any dollars that you feel you've given up on the sale of your home, you are very likely to make up on the purchase on your next home. So pricing it right, in the first place is a win-win situation for you, making a buyer's or seller's market less relevant to the big picture than most people think.

In time confidence in real estate will be restored.

Dream Media - Wouldn't it be great if the media removed the negative spin on the real estate market?

For example:

They could help by talking about how the first-time buyers (or buyers who have not owned a home for the past 3 years) can benefit with the $7500 tax credit through June of 2009. This should be getting buyers excited.

They should talk about how this is the time to buy and let's predict the News of the future. In 2018, a newscaster interviews a real estate investor, who bought properties up during the down market, back in 2008 and now is a ga-zillionaire! Then the news will be that people wish they has bought more!

I guess my point here is that it's all in the attitude and a POSITIVE ATTITUDE and some POSITIVE NEWS would be great!