So my wife watches all of those home flipping shows and real estate shopping shows like House Hunters. Since I like to work on my laptop in the living room I generally catch them when she is watching them. I wonder if they are ever going to start showing episodes that were made in the last few years?
Every episode I have seen shows people shopping for a house in a "HOT" real estate market. The buyers must put their offers in right away or risk losing the opportunity to buy the home. On the flipping shows the flippers are buying houses for an extremely high price and turning them around and getting an even higher return. This may have been the case a couple of years ago but todays real estate market is markedly different.
I would like to see some new episodes showing the reality of the current real estate market. Will they ever do it. The buyers have control now and flippers are not able to make insane profits. Would it be as popular? These shows are not providing buyers and sellers with accurate information about the reality of the real estate market and it would be interesting if they joined is in 2008 or even 2007. Does anyone agree with me or am I out in left field in this one?
Monday, February 25, 2008
House Hunters & Home Flipping Shows: How Freakin Old Are They
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1 comments:
It's funny that you bring this up. My girlfriend and I talked about this last week. It seems as if every house sells with no resistance and for a sizable profit.
Obviously this network only wants to focus on the positive. I think it’s very misleading and disingenuous.
There should be a disclaimer. How about this: “Hey, remember when houses sold quickly and for a profit? Well if you can't, we’ve traveled back in time to the good ole days of real estate. Be advised that the situations presented are edited heavily and the participants have no base in reality. Enjoy!"
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