Real Estate Shilling

Some real estate agents just blasted out a bunch of fake articles trying to make it seem like home values are up. What the hell is this shit? I read a couple of these, and the data is way off. Median home values in california are not $1.2 million. What are they smoking with this propaganda?

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Pump
>and
Dump

they managed to trick people in believing of the fake 19 common cold, i dont see why cant they do this?

Desperate they are, don’t let any of your people fall for this nonsense

stupid panicking boomers think they can still sell their houses at the top. you can list a house at any price you want doesn't mean someone is going to buy it in quarantine

Housing prices went falling in my area at all.
I live in the nicest area of Tacoma WA.
Homes are still going for $700k+
With purchases still going through.
I doubt Chrona Chan will kill the housing market.

They can list for whatever price they want, doesnt mean it will sell

Folk are still paying 5% over asking for homes in good ares.

I do media work for a real estate company and they wanted me to use the same fucking stock photo in a video this week

>Housing prices went falling in my area at all.

Realanon here and I will enlighten you, since I have plenty of fucking free time because nobody's sold shit in weeks:

Real estate asks aren't like stock prices. They take months, even years to adjust to market conditions.

Unlike the stock bubble victim, who is informed of his unfortunate status by website or at the latest by quarterly statement, a guy who's holding a $500,000 house that is now worth $200,000 doesn't learn this until he lists the thing and gets no offers. And he won't figure that out for weeks or even months. Then he might trim $25,000 off his asking price, and wait another 3 months, and maybe then another $25,000, etc.

So, when you see listed prices stable, it doesn't mean the housing market's fine. It's a fucking apocalypse right now, but owners don't know and nobody can tell them. Nobody's expecting to sell right now anyway.