Very interesting press release below reference a recent UVA study. The media wants us all to belive that prices have collapsed across the country. The reality is 87 percent of the national declines have been in, you guessed it, Arizona, Nevada, Florida and California. Kudos to Andrew Kantor over at varbuzz.com for posting earlier. ————– [...]
Archive for the ‘Mainstream Media Scare Tactics’ Category
New U.Va. Study Sheds Light on Foreclosures in States and Metropolitan Areas
Posted in Mainstream Media Scare Tactics, Positive Economic News, Real Estate News, tagged Housing Market, Housing Prices, Jeff Herlitz, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, William Lucy on February 27, 2009 | Leave a Comment »
4 Myths and 33 Facts
Posted in Listing Info, Mainstream Media Scare Tactics, Market Stats, Positive Economic News, Selling Info, tagged DC Real Estate, Maryland Real Estate, RE/MAX, RE/MAX Allegiance, Virginia Real Estate on October 13, 2008 | 5 Comments »
FORECLOSURES Mainstream Media Myth: Everybody is losing their house. Facts: 1. The US average foreclosure rate is 2.47%. 2. All of our markets (VA, MD, DC) have a foreclosure rate of less than two percent. 3. Foreclosure rates are moderate. Virginia ranks about 24th in foreclosure rates nationwide. 4. Only 7% of home loans in [...]
