It seems like with increasing frequency I am having to write some variation of this post. Clearly as the housing market has shifted, views of its future have polarized. A lot of statistical data on the market isn’t good. That can’t really be argued. There are positives too. What the result will be is any body’s guess. Some will be right others will be wrong. When we get there (when and where TBD) there will be no “neener neener neener sucks to be you” or “I told you so” on this blog. It simply isn’t necessary.
The question was asked, “why are buyers buying? What are their reasons?” I personally don’t think I would have commented if I had been a buyer because it has become to clear that the response is going to be “you’re nuts” or “I want some of what you’re smoking.” It would make a great discussion but the tone of the comments makes keeping one’s mouth shut more appealing than walking into a firing squad. The conversation and discussion is being damaged by the tone. The content is on the mark (both positive and negative), the delivery of the negative, often, sucks. I don’t need to remind regular readers of the Portland Real Estate Blog Chorus (short version: everyone has their own reason for (or not) buying or selling in any market).
I implore you that even if you don’t agree with me or other participants be polite in your reply.
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