Headlines from many of the publications I read are so negative, here are two from just this morning as I was trying to come up with ideas to write about.

New-Home Sales Up, but Pace Remains Sluggish, Foreclosures Yet to Happen Loom as Serious Threat!

What should we believe for example another headline “Affordability Reaches Highest Level in 20 years” or “Where Homes Are Selling in 2 Months or Less”, should we run to those cities and buy or should we be scared to death, just wait and hope we do not miss the opportunities.

Here is one for you “Mortgage-Only Defaulters May be Safe Credit Risks” so let the bank foreclose and if you have little dept your credit score can change quickly.

Well so what does all this mean? Good question, if you live in areas like Michigan or Ohio economist are saying buy - these markets have bottomed out but if you buy a home that was worth $300,000 for $75,000 and it stays at 75k for the next 5-10 years you probable would be better off buying someplace else.

The best advice I can give is find a real estate broker in the area your interested in that you can trust, yes there out there and work with them.

Each market is different for example Asheville Real Estate is very strong in some areas and very slow in others. The mountain log cabin with the view is not selling like it was 5 years ago and there are some great deals to be made. Areas like Waynesville, Maggie Valley Homes are much slower than the Asheville area because of the second home market is off but some great prices are out there to be had and only 30 minutes to downtown Asheville.

Find the right broker work with them, make sure they keep you informed and do not believe every headline you read.