The Buyer's Market Times: August 2008

8.05.2008

Supply and Demand In Good Balance In Dallas Housing Market

With the bad news about the housing market so pervasive in the media today, it was refreshing to read a report that the home prices in the DFW area are not dropping. People are still expecting, and getting, a good price for their homes. This is good news for anyone who needs to sell their home. Home prices are staying high and the average time on market is 87 days, fifth lowest in the nation. Homes are selling, inventory is staying about the same, and prices are not dropping. Happy selling!

Here is a link to the article.
Dallas Home Sellers Still Expecting Top Dollar

This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640

The Purpose of This Blog

Have you ever wondered why the news media focus on the bad news? Why do they focus on the negative when so much positive is happening in the world? David Blanchard wrote on industryweek.com "Bad news is more likely to attract a casual reader’s eye than good news. It’s a secret journalists have known for years." Do you agree? We certainly do. That really helps explain the focus on bad news.

Peter McWilliams commented to the same effect when he said “The news media are, for the most part, the bringers of bad news... and it's not entirely the media's fault, bad news gets higher ratings and sells more papers than good news.”

Because we agree with Malcolm X when he said "the media's the most powerful entity on earth. They have the power to make the innocent guilty and to make the guilty innocent, and that's power. Because they control the minds of the masses," we have created this blog. Here you can read what is really going on in the DFW housing market, not just the negative news that is printed to make a buck. Happy Reading!

Media Quotes

“Media: 99.99% of what happens is not on the news” - Loesje (international free speech organization)

“All of us who professionally use the mass media are the shapers of society. We can vulgarize that society. We can brutalize it. Or we can help lift it onto a higher level” - William Bernbach (American advertising legend)

“All media exist to invest our lives with artificial perceptions and arbitrary values” - Marshall McLuhan (Canadian philosopher and scholar)

"Bad news sells best. Cause good news is no news" - Charles Tatum in 1951s Ace in the Hole

"The media tends to report rumors, speculations, and projections as facts... How does the media do this? By quoting some 'expert'... you can always find some expert who will say something hopelessly hopeless about anything” - Peter McWilliams (best-selling author)