Not according to the media. But in reality, yes, there are a lot of positive people in the market both on the buyer and seller sides.

That was spot on IMO.

Newsflash–the Papers reported today that economists have predicted 37 of the last 4 recessions…grin..

If you compare this hysteria to the actual event, it makes you wonder what they could blow a simple fender bender into if they wanted.

Their coverage of this has been ridiculous.

Eric

You just made my whole weekend. : )

You are right, it isn’t as gloomy as it is often made out to be. Todays article in the “Arizona Daily Star” is a great example of using statistics to paint a completely different picture than the number indicate themselves.

The good agents are out doing exactly what you say. The number of Pending Contracts for July show there are homes going under contract. In any market you can find what you are looking for.

I hope the agent’s not coming to the office are because they have moved on to the next get rich quick idea leaving qualified professionals that will attend to business in a business like manner.

I can tell you one reason agents stop going to the office. They can’t get any work done at the office for all the agents sitting around waiting for the phone to ring. It isn’t 2005 anymore.

Beverly, Have a Great Holiday Weekend

Watcher, you too. : )

Actually I knew you were writing tongue in cheek. But have you seen other blogs on real estate? Gloomy. Even I, (not a Real Estate agent and living in California) know it’s not THAT bad. To read that a Professional (?) Real Estate agent would state that most realtors are not even coming to the office is shocking. I hope other realtors counter that article in the paper. I hope they’re not coming into their office because they are showing homes and having open houses. I love this website: insightful, intelligent upbeat responses. Keep it up guys. List the homes and they will come! (the buyers of course)

At times you have to step back at some of this garbage being reported as news and take a deep breath. Then it is back to the numbers.

Lately we’ve been hit with more and more non-news in the media. The best way to say “The Emperor has no clothes” is to laugh at him.

When I first discovered your blog, I mistakenly assumed it was for serious discussion of the local housing/mortgage market, along the lines of CalculatedRisk, Mish, etc.

Now I see that you are quite the jester, and this site is SUPPOSED to be taken whimsically.

I get it.

Carry on!

watcher

It does have the potential to spook buyers, I guess that is why they called it “scary” but compared to the media’s onslaught Ms Young’s quote is like dropping a tear in a flood.