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Is Headline News Making Your Real Estate Decisions

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



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