Do you feel like a Nation of Sheep?

November 4, 2007 by  
Filed under Real Estate Topics

I came across this video before I realized it was a sales pitch. He makes some pretty valid points. Freedom of speech allows me to write this blog.

I started to think how his points even apply in Real Estate. Sure its not the government that is leading everyone to the Kool-Aid, but the media. They are making everyone believe that this housing slump is National. Real Estate has been and always will be local. It even drills down a very local level. One neighborhood might be selling in Frederick, while another one a few miles down the road isn’t selling as well. Sure, we are seeing above average Foreclosures in Frederick County, but we are no where near the number of foreclosures as seen in Southern Florida, Detroit Michigan and around the Denver area. The national average was 1 out of 189 homes are in foreclosure proceeding. The last I heard in Maryland, we were around 1 in 290 homes. Bad, but not horrible. Don’t listen to the media…listen to your REALTORĀ®. If the time is right for you to buy, there is no time like the present. (remember if you’re selling in a bad market, you’re buying in one too. Obviously, the same applies when you sell in a great market…so it’s a wash either way)

[youtube:http://www.youtube.com/watch?v=Gs9GTbMtJ3E]