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Originally Posted by Realtor 1
Anyone catch the headline on housing prices to drop 25% the other night.
It is media hypes like this that can make that become a reality. It is always entertaining to watch the "news'" view on real estate as they get their statistics late. It can be a very slow month and they will be saying things are on the rise at a fast pace or vice versa.
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They are like that with everything, not just real estate. I remember when the boom ended and the recession started the news was about six months late in reporting it. It was still the boom Boom BOOM on TV when reality was telling a very different story.