Thursday, June 16, 2011

The Media Finally Catches Up to Reality Real Estate

http://blogs.wsj.com/developments/2011/06/16/more-homes-listed-and-lingering-data-show/

Well, the media has finally caught up to what's goin' on.  So much myth, so little real information. The information in this article rings true to the local market with prices in a a continued downturn. If someone tells you their market is going up challenge them to prove what they are saying. While there is the exception here and there mostly we are goin' down baby!  Massachusetts continues to get some job growth. Job growth fuels rentals first and purchases later. The question locally is, "Will job growth be enough to lift the real estate market."

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