Down Market?

Central Arkansas has not experienced the "down market" that other parts of the country have. It is still a great time to buy real estate and interest rates are still very low. Almost everyday I am asked by someone how business is going. When I tell them that I am really busy they seem surprised. They usually say, "Really, you are busy, but the market is so bad". What the public has to understand is that the media likes to see the bad in most things. They focus on the worst markets such as California or Florida and run news stories on those areas. They don't run numbers on Arkansas because there wouldn't be any shock factors. Yes, we are not at our best year ever, but we are not at our worst either. Sellers are still selling their houses and buyers are always buying. The difference in todays market is pricing. You can no longer price your home a little higher than what you want to get for it in hopes that when someone gives you an offer you have a little more wiggle room. You are not going to get higher than market value for your home anymore. Buyers have the mindset that it's a buyer's market and they are not going to buy unless they get a good deal or at least a fair deal. Just know that Arkansas is not one of the bad markets and it is still a good idea to buy and sell. Let me know any thoughts you all have on this subject. If you agree or disagree.