Is the News Wrong?
The one constant about the news, both local and national. Nothing gives a reporter a larger gleam in their eye then reporting bad news. Throw in a celebrity and its going to be a great news cycle. A perfect example would be the recent news coverage of Paris Hilton. She was caught with drugs (allegedly) and thrown in jail. It was on the news constantly over the last week.
Another small blurb about the Las Vegas real estate market was thrown in. Las Vegas home sales are down compared to last year and new home sales are hitting rock bottom. But is it really bad news for everyone? Not if you are a home buyer of course. People are still moving to the Las Vegas valley and there are people looking for investment or vacation property too. Just because someone said it on television does not make it so. It is all about perspective.
If you are thinking about moving to the Las Vegas valley and have questions, feel free to drop me a line. Thanks for reading our Las Vegas real estate blog.
Labels: real-estate
posted by Jade456 @ 2:43 PM
3 Comments:
The media never seems to have much good to say until they have no choice. The last place to report the market is getting better will be the news. Its always old news by then, and its always trailing vs leading information, foreclosures vs trustees notices.
I totally agree with you. It's so unfortunate that "we" believe what we read without thinking about whether there's an agenda behind the writer. Bad news sells but when it comes to Las Vegas Real Estate news, it seems everyone has it out for us. Of course, the reality is that we're selling 3,000 homes a month and it's hard to spin those numbers. Thanks for the great post!
I heard that the houses price are going up, is that true?
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