Hmmm… think all you want about me being under the dark clouds but I’m just a realist. A big part of my day job is risk assessment/analysis and it tends to breed into my everyday thinking. As for success I’m doing just fine and am well known in my industry as the realist who always finds a way to give an “I sure can” and find a way to get near impossible feats done.
Understanding the fundamentals of a housing market is the job of anyone who works in buying and selling them if they want to do right by their clients. This is especially true of anyone who has been in the business for 20+ years.
This is just as any expert (MD) in medicine is trusted for their years of experience in healthcare and providing trusted advice on it or just as a financial planner knows the fundamentals of investing and can help successfully guide their clients to a healthy retirement. There is a responsibility especially in this environment to make sure that clients are as informed as possible about what this special environment is and where the best and worst case scenarios can take it. I’m glad to know people are more cautious now as they should be but over the last four years I’ve been dealing with many a realtor in probing the market and areas I would like to buy in and out of all of them only 1 has actually been realistic with me and told me that “Now may not be a good time to buy”. The others were peddling prisons and I feel bad for those they may have helped coerce into already emotionally charged and sometimes emotionally blinded decisions. I know you’re not one of those SD!