The market has strength. Don't let fear intrude.
http://www.nytimes.com/2008/03/18/opinion/18tabarrok.html
March 21, 2008
March 03, 2008
Real Talk: Winter 2008
FAST FORWARD!Finally the real estate market is off the front pages! Between the presidential primaries and the volatility of the stock market this past month, the real estate market actually feels calm! At last, the constant media blitz about falling housing prices has shifted off of THAT subject and we have a few new topics to set our minds into stress and frenzy!
There is no doubt in anyone's mind that we have experienced a shift in market pricing and a shift in practices and thinking. The shift, however, has been subtle and does not reflect in any way a downturn in Westside values and more importantly demand. Let's take an in-depth look at what has been happening in our own back-yard to better understand the direct affect the real estate market is having on each one of us.
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