Both Sides of the Housing Market...

My weekend was filled with 2 Open Houses in the Corona area. Within 4 hours or so my staff and I had a visit of over 20 families. For those that are not too familiar with the activity for an Open House, that is a substantial amount of people in a short period of time! After receiving 4 offers by Monday morning( 48 hours later), my conclusion is that the Real Estate market is alive and well. There ARE people buying their first home and people looking long term for investment/rental properties. Times couldn't be any better to buy Real Estate. I have been really seeing this movement for the last 6 months but more so recently. I'm sure the economic stimulus package and the governments tax credit of $8000 per couple did hurt matters any...

Unfortunately, the media today paints a much different picture of what is occurring with Foreclosure and Short Sale properties. Its commonly understood that Negative publicity always sells out the Positive. In the real estate example, the negative or the loss of a home by a family due to foreclosure, is something to understand and to learn from. Yet on the flip side, there is always a gain (or positive side) with another family that benefits, either with a new home for there family or a Rental property for their future. Its this positive that the media hasn't talked about at all. Being an agent and witnessing Real Estate move at the ground floor level, amidst daily transactions on selling and buying, I feel that the media could focus a bit more on the opportunities versus the losses within the housing market. I feel we all need a little bit of the bright side right now. Let me know what you think...