Doom & Gloom media says home prices are down again?

March 30, 2010 — Leave a comment

once again the doom & gloom talking heads insist on using their scare-tactics to suck in viewers.  give me ONE good reason WHY the doom & gloom MUST cry the sky is falling??  The Case-Shiller Home Price Index can be interpreted in many different ways.  the doom & gloom likes to focus on the negative (shocker!) and tell America that home prices are down.  thanks for the HALF truth!  YES, december to january will show a slight -0.2% OVERALL decline.  However, keep in mind that out of the 20 cities used in compiling this data are 11 of the hardest hit markets in the entire country!  NOW if the media was so inclined they’d be HAPPY to let scared America know that compared to 1 year ago home prices are FLAT…that’s right FLAT.  see the data for yourself here —-> Case-Shiller Index I’ll take flat and be happy over a decline any day of the week. 

and for my very own Dallas/Fort Worth market…..can someone say 4.1% INCREASE??!! come on doom & gloom isn’t about time that you change your tone??  you’ve been beating up America for and exploiting the housing market for years!  is there still negative news with regard to housing?  yes, of course there is…there always will be!  but us average joe’s and jane’s will continue to find it extremely difficult to change our tones, our confidence, our spending habits, etc when you, the doom & gloom, continue to beat us up with ALL your negative nelly, the sky is falling news.  focus on some positives for once.

Advertisements

No Comments

Be the first to start the conversation!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s