False: While the real estate market in Hollister and almost everywhere else has not been the best in the 10 year, every person views the market differently. Depending on where one falls on the real estate spectrum will determine your outlook. For example:
- A short sale seller may think the market is horrible compared to a first time home buyer who is taking advantage of the low interest rates and affordable home value.
- A foreclosed homeowner may think the market is horrible compared to a short sale seller who is happy to be saving their credit by working with the bank to agree on a payoff.
- On the other hand a foreclosed homeowner may be happy to be out of the financial burden of their mortgage, but a neighbor may think the market is horrible as their property value dropped about 10%.