If the media says so....

We get so much of our information from the news media and often whatever the media has to say about a subject, we take it as the gospel. That, I believe has been the case where the housing market is concerned. For the last year the media have told us all, Realtors included, that the housing market had cooled, that the bubble was about the burst. A lot of people believed it and began waiting for the crash so they good get a good deal on a home. What the market was actually doing was correcting itself, becoming more normal. That's what it should have done. Those people who wanted to buy, sat on the fence and waited and some are still waiting today.

Now the media say the housing market is rebounding, things are better and now is a great time to buy or sell a home. I watched a Channel 4 news report the other night that gave a very dramatic headline about the market recovering and when I watched the report, it basically said the same thing I've been saying here for months. And that is that the market didn't tank, it corrected itself, became more normal and now was a great time to buy or sell. So there, the media say it's true so it must be so.

The next few weeks will show if there truly is a rebound I think. More people are out looking today and more houses will come on the market in the next few weeks. But here's what I say about all of that. Regardless of whether you're buying or selling a home, it's always been a great time. So just do it! Enjoy the rest of your day.