Fact or Exaggerations?

If you listen to the national news you will become confused about what is happening in local
markets. That is because each local market has its own dynamics.
You need to seek out an experienced Realtor to learn about the market where you are considering buying a home and then actually listen to what they have to say.
I remember when 9/11 happened and everything came to a halt. My clients
at that time said they couldn't buy "we are at war"! Then 6 months later they regretted
the lost opportunities.

This is not the time to sell if you can wait. If you have made enough on the past purchase of
your home then you can afford to sell at this time. If you are a buyer you should definitely
capitalize on this market and buy!

This is a great time to capture great values.

My clients are still getting loans and finding values and sellers are still getting their home
sold even if it takes longer. A normal real estate market is when a home takes 6 months
to sell and from year to year we find ourselves moving from a shorter time to a longer
time. This is a great "move up" market allowing for home owners to sell their current
home and move up to a higher priced home which has been significantly reduced.

Real estate can not evaporate the way an investment in stocks can, and remember real estate will always be there; a very tangible item.