NAR Launches New Public Info Campaign To Counter Slump

RE:NAR Launches New Public Info Campaign To Counter Slump

Jason — Wed, 16 Jan 2008 13:00:00 GMT

The NAR is so pathetic and self serving. Starte home in our Local MLS system are still way over priced. As you scroll through, you come a home that's under contract, then you do the math on the price and see that it's about $65 to $75/sq foot. All newly listed (less than 15 days) homes start off at $100/sq foot and go up to a wishful price (probably 6% more than what now owe if they bought in 2005). For my area, no one should buy anything unless its priced for what it would have sold for in 2002.

RE:NAR Launches New Public Info Campaign To Counter Slump

John — Tue, 15 Jan 2008 13:00:00 GMT

Unbelievable, I think NAR needs to be sued for presenting such misleading information. Prices are not going to drop in 2008 and rise in 2009???? Home Sales will be steady in 2008? The US Consumer needs the truth and the truth is that Home Prices need to come down 20-40% in many markets to justify the reality of what the home should be worth. I believe this group's actions are criminal and right now no one should be buying a home.

RE:NAR Launches New Public Info Campaign To Counter Slump

Pam Marron — Tue, 15 Jan 2008 13:00:00 GMT

I say "BRAVO" to NAR for your effort to promote the positive facts! There are changes in the lending and real estate fronts already, and realtors, lenders and appraisers still in the mix are honing their skills, giving better service and gaining more knowledge to help homebuyers! I plan on making sure that my prospective clients see your news!

RE:NAR Launches New Public Info Campaign To Counter Slump

Anonymous — Mon, 14 Jan 2008 13:00:00 GMT

This is so interesting. Gaylord is quoted elsewhere as having said: "This yearâ€™s campaign aims to give consumers the facts about the long-term value of real estate and current market conditions to balance the sometimes incomplete and sensational information presented in the national media." Journalistically, there is nothing incomplete or sensational about what is being reported anywhere about the long-term value of real estate. Everyone understands that real estate investments are by and large long-term propositions. For NAR to spend money to tell homeowners what they already know is a waste of money.

RE:NAR Launches New Public Info Campaign To Counter Slump

Cheryl Hale — Mon, 14 Jan 2008 13:00:00 GMT

This is great news. Real estate is local, and not every area is in a declining state. I agree that all the negative reporting may be scaring would be homebuyers.

RE:NAR Launches New Public Info Campaign To Counter Slump

Breezeinfl — Mon, 14 Jan 2008 13:00:00 GMT

Wow! So NAR wants to tell everyone it's ok to buy. Well, let's start with NAR strictly enforcing their membership to do a better job (more honesty, diligence, you name it)! Right now, at any given time, regional multi list data is +10% erroneous. Lazy, inept, or incompetent agents reporting incorrect prices, market times, etc. It is "come to Jesus" time folks, you all need to start acting like the professionals you represent you are to the public, because, right now, by and large, they are not being served! No hot air baloons, treehouses, trendy austin powers agent ads, just give us the truth.