Know who the first person I need telling me about the housing market is?
There’s no truer idea than that. The only people whose opinion really matter are the people out there, on the street, making the deals, keeping a finger on the local community pulse. It’s as simple as that.
So you’ll understand when I wasn’t too impressed to hear today that Washington came out with some notes about the housing market and the economy. “Blah, blah, blah important progress. Blah, blah, blah remains fragile.”
Yeah yeah, we get it. I don’t need Obama telling me that home prices are up 6.5%. I see it every day out here on the street, you know, where the actual houses are. And I get great feedback: from my buddies in the industry, from my students and friends who are making the deals, and from keeping my own eyes and ears open.
So don’t let yourself get fooled. You can’t rely on anyone else to tell you what you need to know. First wake up and smell the roses. Then pay attention and think for yourself. Then talk to those you trust.
(Then hear the complete opposite from the media machine.)