How negative news impacts Real Estate

It is true that negative news affects buyers. The media hyped up the “bubble” and did a disservice to first time buyers. Negative news certainly affects buyers! It’s a fact. How many of you avoided Jack in the Box after the 1993 meat scandal even though the company had made very deliberate efforts to contain the problem?

Negative media can help dampen real estate market (Page 1 of 3): “Sounds ridiculous, even insulting. But many real estate professionals insist there is a psychological component to buying a house — and that a lot of negative publicity about the housing market can have an effect on whether consumers will buy, sell or sit.”

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