Why is the real estate market slow?
Well my thoughts are that the reason why Realtors and developers are sitting with large inventory and even pre-existing housing sales are in the slump, is because consumers are scared. I am not going to blame the media but they put out the story as it is no explanation just allot of numbers and we all know numbers can sometimes be confusing.
We have the lowest rates in 2 years 
The Chart above is a 2 year history of the Fannie Mae 6% Mortgage Bond. The lower the bond moves that means it has lower value therefore consumer has to pay more then 6% the higher it moves the 6% bond has a higher value therefore better pricing to the consumer. Kind of Confusing? yeah I know But that Proves my Point!
The Average consumer is completely confused of the economy in total especially in the Real estate Market!
We as professionals have to educate them
Here is what I think we still have going for us
•1) housing prices have not gone up since the so called meltdown
•2) Employment is still strong Remember that employment rates is a very strong indicator as to where the market is heading, Since the employee that earns and pay what's driving the market and not the investors that gamble and play.
So what is missing consumer education?
Remember that Matt Lauer is getting paid for bringing a story that's exciting not explanations That's Boring!
That leaves the bulk of the work for us so let's go out there and make a difference
Sincerely
Joel Silberstein
