We just cannot get much of a break in the Real Estate Market. It appears everytime something good is reported in the Real Estate crisis, we get several reports to drown out the news.
I personally think that the media is talking down the economy and exaggerating in order to have influence on the Presidential & Congressional Elections in November. We saw economic news reported in a fashion similar to 1992, when Bill Clinton won the Presidential Election. Before he took office, he took credit for changing confidence in the economy.
This situation hurts us in the Real Estate Industry especially hard as the job market has not changed drastically, so much of the economic news has been the Real Estate Market. I know there are real economic problems, however I a tired of daily assaults to our industry.