Cynthia 's Blog

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Why do we have to hear so much doom and gloom about real estate?

Anytime I turn on the news, there is so much negativity about real estate right now.  I understand the situation and the problems we're dealing with - I can't change that.  However, being in the industry, I wonder why more focus isn't being paid to all the activity and competition to purchase bank owned properties and short sales? I have many buyers who are ready to give up on buying right now simply because there's too much competition and they are being outbid for homes.  I have a short sale on the market right now and I have 13 offers in hand, most over asking price!  Things are selling and I think the media should pay some attention to this. It just might create a little consumer confidence! I also don't understand the people who are not in the business who feel the need to spread more doom & gloom on what's happening, I'm seeing it all over the web.  I guess it's just not bad enough for them yet. This is America and I'm happy to be living here.  Our ancestors went through incredible trials to get to this country.  At least I am appreciative. Some people ought to get out more instead of expressing their anger through blogging on real estate websites!

 

Comment balloon 7 commentsCynthia Fleming • March 10 2009 10:51PM
Why do we have to hear so much doom and gloom about real estate?
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Anytime I turn on the news, there is so much negativity about real estate right now. I understand the situation and the problems we're dealing with - I can't change that. However, being in the industry, I wonder why more focus isn't being paid to… more