Mixed Messages?
Filed Under categories: Buying, Downtown, News You Can Use, Real Estate News, Selling
posted by Raye on July 26th, 2007
July 17, 2007 Union Tribune Article ‘
Housing Prices In County Hold Their Own – June Sales Volume Is Lowest Since 1997’
Seems like the public is receiving a daily onslaught of real estate and economic news that often contradicts, overlaps and confuses just about everyone. Sorting fact from fiction often depends on which paper and/or reporter you want to believe. Some analysts are known for their predisposition to interpret statistics and data into an optimistic forecast while others will take the same information and use it as the final nail in the coffin.
Is the glass half empty or half full? Is the real estate market still dying a slow death or is it poised to cautiously rebound?
Well, I guess it depends on who you talk to, what you want to believe and if you are reading the lines or in between them. The truth is none of us, not even the experts, know for certain when and where the bottom is until we look back at it. And, none of us can accurately predict when the rise in values will begin again. Read the following article and decide for yourself if overall, the state of the market, while not as good as it used to be, isn’t as bad as it could be and perhaps, the worst is behind us.
Click here to read more from the San Diego Union Tribune Article: Housing Prices In County Hold Their Ground, June Sales Volume Is Lowest Since 1997
Click here to view San Diego Housing Price Tracker
This entry was posted on Thursday, July 26th, 2007 at 5:30 am and is filed under Buying, Downtown, News You Can Use, Real Estate News, Selling. You can follow any responses to this entry through the RSS 2.0 feed.
So true - gloom and doom makes for good headlines, but no one can predict the future. We’ll just have to wait and see how the market goes.