While reading an article about builder confidence over at the NAHB a paragraph in the article really made me think.
 “To be more specific,” Catalde said, “builders are worried that the national media has tended to report negative housing stories as if there is one real estate market, when, in fact, there is no such thing – all housing markets are local. As a result, some healthy markets are being unfairly impacted by this negative media coverage.”
All markets (real estate) are local. That seems like a simple statement, but when you begin to think on it further, you can understand how National media coverage can not accurately report on something that is entirely local. There are real estate markets that are up, down, the same, and have changed several different times since the beginning of the “housing slump”. So I wonder what impact this negative national media coverage is having on local real estate markets. What do you think?
House Plan NDG-727 »« Structured Wiring
