Comments on: Does a Bear Sit in the Woods? http://realonomics.net/2008/01/does-a-bear-sit-in-the-woods/ real estate business models in the consumer-centric era Wed, 20 Aug 2008 16:50:11 +0000 http://wordpress.org/?v=2.6 By: REALonomics http://realonomics.net/2008/01/does-a-bear-sit-in-the-woods/#comment-8605 REALonomics Tue, 22 Jan 2008 19:07:31 +0000 http://realonomics.net/2008/01/does-a-bear-sit-in-the-woods/#comment-8605 John - nice comment and right on the money! Markets are not only influenced by empirical factor, such as mortgage rates, inventory and the stock market but also subtle pschological factors. Being told (hammered) constantly about how bad the market is produces its own impact on market psyche, buyer predisposition and ultimately absorption rates. Thanks for the comment - REALonomics.net John - nice comment and right on the money! Markets are not only influenced by empirical factor, such as mortgage rates, inventory and the stock market but also subtle pschological factors. Being told (hammered) constantly about how bad the market is produces its own impact on market psyche, buyer predisposition and ultimately absorption rates. Thanks for the comment - REALonomics.net

]]> By: John Case http://realonomics.net/2008/01/does-a-bear-sit-in-the-woods/#comment-8599 John Case Tue, 22 Jan 2008 15:40:09 +0000 http://realonomics.net/2008/01/does-a-bear-sit-in-the-woods/#comment-8599 Ignoring the post prior to this ( which is incomprensible to me, at least), I'll throw in my opinion. The BEAR is the media. Without alarmist rhetoric, no one would pay any attention to the media, so they paint worst case scenarios (remember, bad news sells papers). I am a Real Estate Broker and have been in this business for over 30 years. Every day I meet more and more people who know more about the nature of real estate after watching a CNN special report. However, my buisness is doing great. It is simply due to the fact that there is a ton of suppressed demand out ther, people who want to own their own home, have the means (even in this credit crunched market), see the property they want, and yet are afraid to buy because the media is telling them that their property values will go down. This would mean something if they were investors; but they are not. They want to own their own home. It takes little convincing to show them the worry they have is nothing to worry about. If they like the home, and can afford it, then they should buy it. Investors however have other qworries, but there are lots of bargain hunters getting filled up on low prices properties today. The smart money always seems to be buying when everyone else hates the market. This is typical of every swing of the economy and the housing market. Ignore the media and do what makes sense to you. The bear is only a teddy bear. Ignoring the post prior to this ( which is incomprensible to me, at least), I’ll throw in my opinion.

The BEAR is the media. Without alarmist rhetoric, no one would pay any attention to the media, so they paint worst case scenarios (remember, bad news sells papers).

I am a Real Estate Broker and have been in this business for over 30 years. Every day I meet more and more people who know more about the nature of real estate after watching a CNN special report.

However, my buisness is doing great. It is simply due to the fact that there is a ton of suppressed demand out ther, people who want to own their own home, have the means (even in this credit crunched market), see the property they want, and yet are afraid to buy because the media is telling them that their property values will go down. This would mean something if they were investors; but they are not. They want to own their own home. It takes little convincing to show them the worry they have is nothing to worry about. If they like the home, and can afford it, then they should buy it.

Investors however have other qworries, but there are lots of bargain hunters getting filled up on low prices properties today.

The smart money always seems to be buying when everyone else hates the market. This is typical of every swing of the economy and the housing market.

Ignore the media and do what makes sense to you. The bear is only a teddy bear.

]]> By: Robert Barringer http://realonomics.net/2008/01/does-a-bear-sit-in-the-woods/#comment-8421 Robert Barringer Fri, 18 Jan 2008 17:41:25 +0000 http://realonomics.net/2008/01/does-a-bear-sit-in-the-woods/#comment-8421 Who is the Bear? We are the Bear and the Food that sustains the Bear. As we continue to support the old models that drain the operating income from our businesses, (our very blood), the result can only be revolution! Revolution in the way we operate our businesses. Revolution in the way business is done with us. Who is the Bear?

We are the Bear and the Food that sustains the Bear.

As we continue to support the old models that drain the operating income from our businesses, (our very blood), the result can only be revolution!

Revolution in the way we operate our businesses.

Revolution in the way business is done with us.

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