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(From my comment on Joel Halls Blog )
Orange County, CA -Real Estate Professionals Expect 2012 to Mark the End of the Down Real Estate Market, According to ActiveRain Study
Survey of More Than 1,800 Real Estate Professionals (<--eh?) by ActiveRain Expects Marginal Increases
SEATTLE, WA, Feb 21, 2012 (MARKETWIRE via COMTEX) -- A recent survey of more than 1,800 real estate professionals has indicated that 2012 might represent the end of the down real estate market and the start of a rebound, with 10 specific local markets expected to lead the way. The biggest challenges facing the recovering market, agents said, will be short sales, loan qualification rules and foreclosures. 
Collected from among the more than 220,000 ActiveRain real estate professional community members (<--wha?), the survey highlighted which specific markets across the United States held the most optimism for growth among real estate agents (ummm hello....this could be read as "...held the most optimism for additional belly fat among real estate agents) as well as which markets were expected to continue struggling into 2013.
"Real estate is a deeply local business, so it's no surprise to see such differences in optimism and pessimism between agents in vastly different market conditions," said Nikesh Parekh, chief executive officer for ActiveRain. "But the fact that, as a group, they expect improvement during 2012 is a good sign for the real estate industry and for the economy overall." (he just said that there was no consensus in the previous sentence "such differences in optimism and pessimism" - so how did he then determine that as a group they all expected growth?)
Top Real Estate Markets : 1. Fort Myers - Naples 2. Austin 3. Boise 4. San Antonio 5. Miami - Fort Lauderdale 6. Denver 7. Dallas - Fort Worth 8. Nashville 9. Houston 10. Salt Lake City
Worst Real Estate Markets : 1. Reno 2. Sacramento 3. Chicago 4. New York 5. Providence, RI 6. Springfield, MO 7. San Diego 8. Los Angeles 9. Cleveland 10. Philadelphia
***END OF ARTICLE*** (my comment's below :)
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............... Now, before I write a smart-ass response like: "And over 137 of them have sold a property in the past 12 months!"
AND
I really just need to see the stats of those agents who were interviewed and had their info used for this report. Real Estate Professional? Really...can you be any more vague? I submit that you cannot! ActiveRain RE Profs, please report! Front and Center immediately, so we can all see what you look like, ask how many homes you've sold, you're level of economic forecasting knowledge and experience, what you know about cause and effect of the Euroland economic woes upon our credit lending (and how that effects home sales -in your opinion of course), and understand what makes you qualified (in ActiveRain's opinion) to comment on the housing market in 2012! Please don't get me wrong, and think that this is just a terrible rant about "real estate professionals" (whatever that means - is it all the 1800 receptionists that answered the autodialer and did the 3 minute survey?), you couldn't be farther from the truth. Well, if you read this article, you could actually be further from the truth. BUT THAT'S MY POINT!
There is a MAJOR problem today with our nations passing along of information. It used to be that studies meant something. They were done over time, with large sample sizes, and always included the margin of error. They used to be from a "poll taken from 2500 Real Estate Economic Forecasters" who crunched numbers and saw the patterns and related numeric relationships relavant to this study. We used to be able to listen to a study and actually get some decent information that we could use in our lives. Now, it's more like a race to see who can line up enough people with an "outside the norm" take on some subject.
How do we know this study wasn't from 1800 martian realtors? Or...If this was done on January 1st of this year, for example, OF COURSE the outlook is better for 2012. Everyone just blew the terrors of the past year out the night before, and are enjoying their 10-20 days of real optimism they experience each "New Year".
If it was the 1800 most "Active Bloggers", then I will have to wash my mouth out with soap before and after I comment. After working with about 100 agents over the past 8 months -training them on using EPS and blogging for effect- I have realized that most of the very active bloggers are no better informed on real estate topics from using AR, then I am on the price of Gasoline from burning gas when I drive.
Now I know thats too broad of a brush to paint with, but of those agents that have sat with me in my conference room for a training, only a handfull were heavy into the blogging, and they were agents who REALLY wanted to "hit X-hundred thoughsand" points. They have more info on the local eateries and kennels, from "hyper-local" or "localism" blogging, than they know about the incredibly complex methods of how to forecast consumer spending on homes.
If, on the other hand, the study came from the 1800 agents with the most units sold in the past year (or most production) then I am officially (mildly) "interested" in the findings of the report. Any way to find this out?
I guess this just goes to show how "spun" or worthless most studies are today....and how "spun" I am in my opinion of studies today as well! Oh, yeah.....One last thing: Can anyone please tell me how to call ActiveRain and find out if I am actually a Real Estate Professional? I've always wondered :D
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