Comments on: Why The Media Is Giving The Royal Treatment To Old Housing News http://realestate.bryanellis.com/12/media-misrepresentation-housing-prices/ The Internet's Most Respected Real Estate Investing Newsletter Sat, 13 Mar 2010 00:10:41 +0000 http://wordpress.org/?v=2.6.1 By: Gregory http://realestate.bryanellis.com/12/media-misrepresentation-housing-prices/#comment-24 Gregory Tue, 27 May 2008 15:12:51 +0000 http://www.freerealestatetraining.com/?p=12#comment-24 I think that the news is reporting what they are told to as always we are made to believe what we think we know. The market runs in "adjustment cycles" about every 10 years, and this one is fueled by many things that have finally caught up with people. I look at this as a true opportunity for those of us with the right motives and a desire to truly help those families in need of our resources and expertise <strong>Very true that there are some fundamental economic issues at the heart of the real estate market we face right now. I believe the good (?) news is that the two primary issues (currency weakness and the subprime mortgage meltdown) are both the result of bad economic policy which can be changed much more easily than if there was an actual shortage of a valuable raw material or severe political unrest. Things aren't currently great, but there are reasons to be very positive. - <a href="http://www.BryanEllis.com" rel="nofollow">Bryan Ellis</a></strong> I think that the news is reporting what they are told to as always we are made to believe what we think we know. The market runs in “adjustment cycles” about every 10 years, and this one is fueled by many things that have finally caught up with people. I look at this as a true opportunity for those of us with the right motives and a desire to truly help those families in need of our resources and expertise

Very true that there are some fundamental economic issues at the heart of the real estate market we face right now. I believe the good (?) news is that the two primary issues (currency weakness and the subprime mortgage meltdown) are both the result of bad economic policy which can be changed much more easily than if there was an actual shortage of a valuable raw material or severe political unrest. Things aren’t currently great, but there are reasons to be very positive. - Bryan Ellis

]]> By: Bert Dean http://realestate.bryanellis.com/12/media-misrepresentation-housing-prices/#comment-23 Bert Dean Tue, 27 May 2008 14:30:29 +0000 http://www.freerealestatetraining.com/?p=12#comment-23 The Augusta, Georgia market average home price was actually up about 5% year-to-year. Our local media outlets don't really cover the purely local angle as much as I would prefer, and it seems the Associated Press and Reuters revel in pushing any negative economic news they can dig up---but only when a Republican is in the White House. As we've all heard time after time, real estae is a local phenomenon. What's happeing in San Francisco doesn't amount to a hill of beans in my home town. <strong>In theory, I agree with you. Problem is that people who are considering buying a property in Augusta, Georgia may be exposed to the negative news about San Francisco, which can result in negative influence on their decision. Who is to say that Augusta wouldn't have had a 10% improvement with more accurate media representation? But the bigger fact is that your market is positive, and I'm really glad to hear that. There are a lot of strong local markets in the USA and we need to let everybody know about them. - <a href="http://www.BryanEllis.com" rel="nofollow">Bryan Ellis</a></strong> The Augusta, Georgia market average home price was actually up about 5% year-to-year. Our local media outlets don’t really cover the purely local angle as much as I would prefer, and it seems the Associated Press and Reuters revel in pushing any negative economic news they can dig up—but only when a Republican is in the White House.

As we’ve all heard time after time, real estae is a local phenomenon. What’s happeing in San Francisco doesn’t amount to a hill of beans in my home town.

In theory, I agree with you. Problem is that people who are considering buying a property in Augusta, Georgia may be exposed to the negative news about San Francisco, which can result in negative influence on their decision. Who is to say that Augusta wouldn’t have had a 10% improvement with more accurate media representation? But the bigger fact is that your market is positive, and I’m really glad to hear that. There are a lot of strong local markets in the USA and we need to let everybody know about them. - Bryan Ellis

]]> By: MJ Johnson http://realestate.bryanellis.com/12/media-misrepresentation-housing-prices/#comment-22 MJ Johnson Tue, 27 May 2008 13:59:47 +0000 http://www.freerealestatetraining.com/?p=12#comment-22 Not sure if press should be drawn & quartered or applauded for the psycological oppportunities afforded us investors. Just like the stock market, housing is emotionally driven. <strong>Really good point. The negative coverage certainly can bring opportunities to the astute investor. - <a href="http://www.BryanEllis.com" rel="nofollow">Bryan Ellis</a></strong> Not sure if press should be drawn & quartered or applauded for the psycological oppportunities afforded us investors. Just like the stock market, housing is emotionally driven.

Really good point. The negative coverage certainly can bring opportunities to the astute investor. - Bryan Ellis

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