Mortgage bond prices fell pushing mortgage interest rates slightly higher this week. As a result, buyers are starting to get out beyond the media biased influence!
Inman News takes an interesting spin on the media’s stories and their influences: Lou Barnes states:
“Worse than paralysis: the soap-opera focus on preventing foreclosures. The press is packed with truly sad stories, scary forecasts and grotesque misinformation about the actual situation, cause and possible resolution.”
Check out the rest of the article Credit crunch fixes? Policymakers need to get on with it.
Everyone has their own style on handling the media’s damage - here’s what one Texas Real Estate Professional is doing: Midstate not as affected by national market slump.
And…last of all here’s another comment on the nonexistence of the National Real Estate market that is continually quoted: THE NEWS MEDIA AND PRINT JOURNALISTS REPORT ON THE NATIONAL ...
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