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Is Headline News Making Your Real Estate Decisions

Looking at the headlines for the last a headline that says Prices Only Drop
four months about housing is really 2.7% Sales on Rise.If I were a Buyer or
depressing. However I have noticed that Seller reading all the headlines I'd be
the bodies of the articles and the leery of this market. Buyers are worried
headline are often at odds. This made me that if they buy the price will drop and
wonder how many people make their housing they will look silly for buying in a down
decisions based on the headlines instead market. Sellers are concerned that if
of the articles. We are a nation addicted they sell now prices will go back up and
to the quick. A vast number of us get our they will look foolish for not waiting
news from headlines on our home page or until the market changed. People are
CNN. Articles take time to read; we need truly afraid to make a decision about
the condensed version.One headline in red housing. People would rather make a
bold point type is: 31.7% Biggest Drop in mistake about a spouse then a house!The
CA home Sales 24 years. What you don't Real Estate market has been slow for
find until the second paragraph is that almost a year. The Bubble bloggers are
the drop is from September of 2005. Not praying prices drop to 1995 levels but
mentioned is that home sales in 2005 were that's not likely to happen. Sellers are
the highest ever recorded. Also down in waiting for prices to increase 50% and
the body is that "Unsold inventory is that's not going to happen either. Here
holding steady and is close to the long- is what has happened. Prices have
term historic average of a normal declined and inventory is up with many
market". So why isn't the headline Market housing choices. Sellers will negotiate
Reaching Historic Average?Another article price and terms. Interest rates are very
headline says: Home Price Fall Sharpest low. 30 year fixed rates for loans less
in 35 Years! What you don't get until then $417,000 are 5.78% and jumbo fixed
the third paragraph is that this number ( rates are 6.1%. This is an amazing
9.7%) is for Nationwide sales of new market with great financing and lots of
construction. Half way through the choices but people are not buying. So why
article you find that overall prices are are people waiting? I think people are
down by only 2.5% and sales activity is afraid.
up for the last two months. You won't see




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