Peter Mohylsky.   BRIX REALTY, BRIX REALTY -DESTIN (Brix Realty - Destin)

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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

There is no true, objective reporting in our world and few legitimate journalists. The opinionist's drive traffic to their media sites through salacious headlines pushing fear. 

It's best to watch and pay attention to the local market, those that we typically follow and perform our own due diligence!

Jun 10, 2022 07:10 AM
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3,148,189
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

All news lags with misinformation and disinformation. They are nothing more than talking heads parroting whatever they read from the teleprompter which is nothing more and nothing less than what the powers that be want us to believe. 

My market is showing signs of shifting from hot crazy.  

Jun 10, 2022 06:59 AM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Frankly I think the "news" drives panic and causes chaos in all segments of life including real estate.

Jun 10, 2022 09:56 AM
Rainmaker
1,006,184
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

When it comes to real estate, there is news and there are opinions. It is important to be able to tell the difference.

Based on the news, opinions are formulated and predictions are made.

Jun 10, 2022 08:07 AM
Rainmaker
810,168
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Some of it is totally irrelevant and some interesting. Some is an educated guess and some is just click bait. You can't really put a lot of stock into what you read.

Jun 10, 2022 07:23 AM
Rainmaker
1,426,350
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Quite a lot.  News is usually several months late to the party.

Jun 10, 2022 09:00 AM
Rainer
303,277
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

Sadly I think sometimes the "news" influences the real world real estate.  They hear it until they believe it and then it happens.

Jun 10, 2022 08:50 AM
Rainmaker
939,720
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

The media lags TRUTH and REALITY by sometimes year(s) and we are seeing this a lot lately.
The days of Walter Cronkite and trusted journalism left the building in the 90s!

Jun 10, 2022 07:52 AM
Rainmaker
915,098
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Media is NEVER corrrect.
They take National, state, region data and impose it on real estate and we all know real estate is LOCAL.
They leverage agenda driven organizations as the voice of authority but they are only voices of opinion.
And when a real estate agents appears on screen, they talk like a real estate agent leaving everyone none the wiser.
If the camera was in front of you, what would you say that has the 'shock' potential to awaken the viewer regarding 'real world real estate.'
I would share the cause of the housing crisis is existing single family home owners.
What would/could you have the courage to share that deviates from "Real Estate Agent -ese."

Jun 10, 2022 06:57 AM
Rainmaker
1,760,639
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

30 to 60 days from the real market to the news talking heads.

Every market is different - you can't give an overall 'country' report.

Jun 10, 2022 05:58 AM
Rainer
150,191
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

News of everything lags the real world.  We hear about the shooting after someone was shot.  We hear about the traffic problems after they have started.  We hear about the local commission meeting after the meeting happened.

News reporters report news.  Other than meteorology, they are not in the prediction business.

Jun 10, 2022 08:00 AM
Rainmaker
2,685,302
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Real Estate invites opinions non-stop. The professional opinions from seasoned, in the trench's agents have credibility. Manipulators in high places love to play with Real Estate dynamics because it is lucrative if successful. This current Real Estate cycle is the first natural one we have had in decades as the previous ones were interfered with by acts of God and man. 1/3 of retired America is sitting on trillions of dollars of monster equity. Wealth will naturally shift during this time. Expect continued, profitable growth probably until next presidential elections (2 years)

Jun 10, 2022 06:04 AM
Rainmaker
3,377,305
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

When the media tells you, we will already be 6 months deep. Here in NH I am see some changes. The sheer total of buyers is down. No more are 40 offers on my new listings but 5-8 the first day. We still have a great deal of cash buyers looking to move to NH for no income or sales tax plus our good paying jobs. 

Jun 10, 2022 09:34 AM
Rainmaker
1,349,275
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

3 months for sure these days, 6 months in the past. They also straight up get it wrong for panic value often. All real estate is local, the Crash truly emphasized that as I witnessed San Diego begin ours in late 2006, but CA at large never fully realized it until December 2007. My NorCal friends thought I was crying wolf, when in fact I was trying to be "Paul Revere".

Jun 10, 2022 08:43 AM
Rainmaker
2,058,143
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

As far as actual news I thought the News Papers were very much on top of RE issues Peter Mohylsky. BRIX REALTY . I never thought that any other media covered RE at all. Just my opinion.

Jun 10, 2022 11:42 AM
Rainmaker
1,364,930
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

I think it will/is a very local issue.  In my county, some areas are still seeing incredible price increases, and other parts are not.  Actually seeing an increase in price drops.

Jun 10, 2022 10:11 AM
Rainer
250,568
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse specialist

In NYC, sales in contract are pretty close to real time. Closed sales are a different story. It often takes 4-6 months for closed sales to be recorded with the city from the point the apartment went into contract.

Jun 10, 2022 06:34 PM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 The only "news" that matters is the sales and activity in your area, in your neighborhoods.    Alarmist news about sky-high prices in some big American city, or Janet Yellen will raise the interest rate, or builders are facing labor shortages, etc. etc. may or may not have anything to do with what's happening in your part of the world.

Jun 10, 2022 06:29 PM
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I really couldn't say as I don't pay much attention to the "news" anymore. I can make my own observations in my market. 

Jun 10, 2022 05:11 PM
Rainmaker
1,050,127
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

The talking heads are talking in lagging data language and is general in nature

Jun 11, 2022 07:12 AM
Rainmaker
5,275,281
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I believe the news is lagging a couple of weeks.

Jun 11, 2022 05:07 AM
Rainmaker
4,519,982
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

May Wanda Kubat-Nerdin - Wanda Can! and Kathleen Daniels, Probate & Trust Specialist be wrong! But that would not be right!

Jun 11, 2022 04:41 AM
Rainmaker
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Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Each market is local and different. The statistics usually take 30 to 45 days to be published from the previous month in our market. The overall MSM seeks bad news for shock value and create a narrative nationwide.

Jun 11, 2022 03:53 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Not much.

Jun 10, 2022 07:46 PM
Rainmaker
688,971
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I don't think there is any lag, it just takes a long time for consumers to fully grasp the changes that are occuring.

Jun 16, 2022 10:35 PM
Rainmaker
4,287,856
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I have to say it create my phone to ring by buyers about interest rates and when will they come down again.  News effect the calls.

 

Jun 12, 2022 09:53 AM
Rainmaker
2,126,293
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

     The expert in your market is you and if the news source taps you, the guy or gal in the real estate trenches, you get accurate local fresh pertinent reporting. If what is generalized for the country is applied as one big broad brush sum it up on every nook and cranny, no. You are not getting something useful fine tuned for where you list, twist and sell property on the blue green spinning marble Peter Mohylsky. BRIX REALTY .

     I was news director in a Bangor ME broadcast outlet. It was not rip and read from the AP or UPI wire service. It was reach out to say a real estate broker, a bunch of them in the local market and sound bites from them... not the reporter trying to act like an expert. Talk, relay what the experts say and their is your new source and accuracy that removes the gloss over sounding like an authority. If you say all news journalist are talking heads, it is like all real estate agents/brokers are blah blah. No they are not.

Jun 11, 2022 12:04 PM