Local Market Facts fly in the Face of Recent Doomsday Articles

Local Market Facts fly in the Face of Recent Doomsday Articles.

Good news is boring.  Really?

I heard a report on the radio this morning that our prices have fallen 17% from this time last year. The radio voice seemed to enjoy spouting the news as if he were reporting the score of a blowout football game with the home team up by 48 points – and climbing- in the 3rd quarter.  Bad news sells. This I understand.  What I also understand is that this is not the news that matters.  Behind that sad average are lots of unreported truths that indicate our real estate market is healing. Read the rest of this entry »