USAT Builds a False Alternative Reality in Reporting on Housing Market
2010 will be by far the worst ever in the 48 years records of new home sales have been kept, and there is little if any reason to believe things will get better soon. The news on existing home sales has hardly been better, given the price reductions sellers have had to make to move their homes. Graphics will follow shortly indicating just how bad the market for new and existing homes has been this year. These on-the-ground realities explains why one's jaw has to almost hit the ground when reading the headline and first few paragraphs of Julie Schmit's December 23 front-pager in USA Today's Money section : Optimism for home sales adds up Demand for existing houses continues to rise read more
Follow this link:
USAT Builds a False Alternative Reality in Reporting on Housing Market
Posted by
on December 27, 2010. Filed under