NAR's Report on the Market - and the Media

By
Real Estate Agent with Prudential NJ Properties

The National Association of Realtors® released their monthly report yesterday.  The media reported the following snippet in various mutations from the report: national median price existing home price dropped 2% in the third quarter compared with the third quarter last year.  That sells newspapers and grabs eyeballs.

However, the report led off with "The vast majority of metropolitan areas showed rising or stable home prices in the third quarter with most experiencing modest gains [my emphasis] compared with a year earlier...."

The media still want to report the calamitous nature of the real estate market, even when the news is mostly good.  Come on, folks.  Report all the news.  Here's a link to the entire NAR report: http://tinyurl.com/22k238.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Tags:
real estate
market

Comments 2 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the woman to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
504,334
Ann Heitland
Flagstaff Real Estate - Associate Broker, GRI, CRS
RE/MAX Peak Properties
Good point!
November 26, 2007 10:10 PM
Rainmaker
504,334
Ann Heitland
Flagstaff Real Estate - Associate Broker, GRI, CRS
RE/MAX Peak Properties
I've included a link to your post from my post of tonight. http://activerain.com/blogsview/286688/What-Do-You-Think
November 27, 2007 12:09 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the key to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
14,090

Karl von Loewe

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the woman to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Thoughtful and spirited opinions and musings on the real estate market.