Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you have even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now.
Regrettably, when news in the media isn't easy to understand, it can make people feel scared and unsure. Similarly, negative talk on social media spreads fast and creates fear. As Jason Lewris, Co-Founder and Chief Data Officer at Parcl, says:
“In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.”
But it doesn’t have to be that way. Buying a home is a big decision, and it should be one you feel confident making. You should lean on a trusted real estate agent to help you separate fact from fiction and get the answers you need.
That agent will use their knowledge of what is really happening with home prices, housing supply, expert forecasts, and more to give you the best possible advice. The National Association of Realtors (NAR) explains:
“. . . agents combat uncertainty and fear with a combination of historical perspective, training and facts.”
The right agent will help you figure out what is going on at the national level and in your local area.
They will debunk headlines using data you can trust. Plus, they have in-depth knowledge of the industry and can provide context, so you know how current trends compare to the normal ebbs and flows in the housing market, historical data, and more.
Then, to make sure you have the full picture, an agent can tell you if your local area is following the national trend or if they are seeing something different in your market. Together, you can use all that information to make the best possible decision.
After all, making a move is a potentially life-changing milestone. It should be something you feel ready for and excited about. And that is where a trusted expert comes in.
They can provide reliable information and expert advice when making decisions about the housing market. This is indeed a crucial point, as the real estate market can be influenced by various factors and can often be the subject of sensationalized or inaccurate information in the media and on social platforms.
Here are a few key takeaways:
Media Influence: Know that negative headlines and social media discussions can create fear and uncertainty about the housing market, making it challenging for individuals to make informed decisions.
Expert Guidance: The value of working with a trusted real estate agent that has access to accurate and up-to-date information and can help you understand what is happening in the housing market.
Data-Driven Insights: Real estate agents can provide you with data-backed insights into home prices, housing supply, expert forecasts, and more, helping you make decisions based on facts rather than fear.
Local Expertise: Real estate agents can also provide information specific to your local market, which may vary from national trends. This localized knowledge is essential when making real estate decisions.
Making Informed Decisions: Ultimately, the message encourages individuals to seek expert guidance to ensure that they make well-informed decisions about buying or selling a home.
In a complex and dynamic real estate market, having a trusted expert by your side can help you navigate the uncertainties and make decisions that align with your goals and financial circumstances. If you are considering a move in the housing market, connecting with a knowledgeable real estate agent is a wise step to take. So that you have reliable information about the housing market and expert advice about your own move, let’s connect.
