Perspectives: No Sooner Said Than Done
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January 20, 2006
Get this: I just published an article an hour or so ago about Inman News using drastic terms in headlines to introduce market data for San Francisco. I called for some reasonable perspectives. Well, a few miutes ago I received this notice about a new Inman article as follows:Read the whole article here.'Normal' real estate market not bad news
Perspective: End of boom offers benefits, opportunities
Friday, January 20, 2006
By Marcie Geffner
Many savvy real estate executives around the country aren't dismayed by the prospect of a slower housing market this year after the unprecedented housing boom of recent memory. In fact, many of these executives are even eagerly looking forward to quieter times that will allow them to regroup, rebalance and, at long last, perhaps even relax.
This positive outlook is a reasonable response to a "normalized" market that is characterized not by rapidly rising house prices, dozens of offers for every for-sale house and a frenetic pace of doing business, but rather by modest home price appreciation from year to year, negotiation between buyers and sellers and a manageable pace of business. Yet sadly, a lot of the good news about today's housing markets has been buried in negativity about the outlook for the future as compared with the past. Here are some positive points to ponder...
[Ms. Geffner is a real estate reporter in Los Angeles]
How refreshing!
[I really don't think their article had anything to do with little ol' me.]
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