Real Estate Reporting Need Not Be So Negative!!

Negative. Negative. Negative. Traditional media continues to hammer their readers/listeners/viewers with negative news about the real estate market. They seem bent on the "glass half empty" approach. Falling values, rising foreclosures, blah, blah, blah. When any market tumbles from inflated highs, its a bummer for those who bought at, approaching or just past the market peak. We get it already!

The stock markets, commodities markets, precious metals markets all suffer similar gains and losses over time and are accordingly reported. But, it seems, unlike the real estate market, the media always seems to report a silver lining to those clouds. C'mon guys! Equal time with a positive slant would really be appreciated here! How about spending time reporting the positive effects of these historic, incredibly low interst rates that are making homes affordable for a whole segment of the population who otherwise could not possibly qualify for a payment on a house to meet their needs? Joyful news! Why not report on how many of our local custom home builders have cut their gross margins so much that the price of building a new home is at historic lows? Jubilation abounds! What could it hurt if the media would examine the tremendous depth and variety of inventory and report the fantastic selection from which buyers can choose. Jumpin' Jehosophat!

Okay, okay. I'll stop picking on traditional media. They can't help it. Disasters, crashes and crimes sell newspapers and get folks to tune in. (Perhaps I suffer from Blogger Bias.) But, next time you see or hear negative news about the local real estate market (and, as you may know, ALL real estate is local), remember there are plenty of positives, too!