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Showing posts with the label NAR real estate bubble REIV REIA REIT tasmania australia USA

Heard it Before

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Still away for a few days. Found this approriate and something to expect in the near future... From Realty Times  just as the wheels were falling off in the US, the NAR cranked up a PR campaign to counter the bubble talk and encourage the naive to commit financial suicide... NAR Campaign Negates Bubble Hype, Encourages Buyers And Sellers by Blanche Evans Published: November 3, 2006 "If you don't tell your story, someone else will," Joe Williams, co-founder of Keller Williams said recently about the media's disinclination to quote real estate brokers as sources for the myriad stories written recently about the so-called housing bubble. Imagine the frustration, ignored by journalists and unable to peddle nonsense to the gullible. Instead they turn to anyone but people who buy and sell homes for a living -- stock analysts, economists, media pundits, authors, and so on. The effect on buyers has been paralyzing. Many brokers say buyers are concerned with more than rising h...