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Bad Article, not so bad news

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Don Clark

Thread Starter
Elite Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
If you read only the headlines in newspaper articles you would believe that things are terrible. But, if you read the articles, things are somewhat beter than one is led to believe:

http://epilot2.hamptonroads.com/Rep...rginianPilot/2008/01/24&ChunkNum=0&ID=Ar03700

Depending on who you believe, and what I know from working in this market, our rate of growth in property values is still about 3-4%. But, reading just the head lines looks like doom and gloom.
 

Mike Plumlee

Junior Member
Joined
Feb 21, 2007
Professional Status
Certified Residential Appraiser
State
Texas
The media will never let the truth get in the way of a good recession story. The Fourth Estate must be tired of writing about global warming.
 
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