The media loves roller coasters. They broadcast loudly the ups and the downs, especially if they are more dramatic. The bad news gets much more attention and we see this daily from the financial markets. A stock recently dropped almost 18% in a few weeks, barely any mention that it had risen 350% in one year and even after the 18% drop was up dramatically.

The reality is that often big drops in prices are a result of prior surges. This becomes even more dramatic when the price rises are slower and incremental. The Egg Price Hysteria we experienced recently was a story of a massive supply disruption because of Avian Flu, not inflation or some politician's ineptitude (an anger-fueling false narrative from 'both sides'). Then the headline that followed as prices dropped sharply was all about the genius of bringing down prices, new, low prices, or were they prices merely correcting?

Today in areas where we are seeing some property prices come down, few headlines or stories (or social media posts) ever mention the sizable increases that preceded this correction. If the media is not mentioning this, we can be almost certain A.I. won't know much about this either. Enter the professional real estate advisor who can provide the data, the context and the insights that truly matter!