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