Who cares what the Feds say?

It looks like the fed is trying to say we are near the bottom of the real estate market, what do you think? Honestly I don't see it, although we rarely do before we are truly past it. Detecting the bottom of the market would in my opinion could include things like less foreclosures, a better stock market, less unemployment, and the list continues. What I have seen is quite another story, in fact if unemployment gets any worse we will all be without work.

I think to try to stay positive is very important in this struggle for life and death. Staying realistic will keep you headed down the path to recovery, however. Postitive attitudes are great but so many people in real estate try to extend postive perception with dishonesty and lies. I think that just the fact that people are doing everything possible to sell their listings is very honorable, but to lie about the market is just unethical. It happens way too much today and I think these are the same people who time and again do things like badmouth competition, work in the "grey" in terms of agency law, and just plain dont give a rip about anything other than the next commission check.

Ethics will help us recover from this mess. Dishonesty is only going to mask the core issue and continue to breed false hope. I believe that our economy is going to improve and I hope very soon ( see I am positive ), but believing it or proclaiming it for the sake of getting that next deal is just plain wrong.

Real estate is not just a job, its an adventure.

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