The Buyer's Market Times: June 2009

6.23.2009

The Stable Dallas Housing Market

We apologize for the hiatus and not posting for about a month, but we are back in business. There is good housing news all over the place. Let's start with the article on dallasnews.com today.

The article states that the Dallas housing market "ranks among the top metro areas based on expected home price performance this year, according to Local Market Monitor, a North Carolina housing sector consultant". Now we, as readers of this blog, already knew that, but it is nice to find ANOTHER independent company to reaffirm that fact.

The article quotes the spokeswoman for Local Market Monitor as saying "Home values for the Dallas-Plano-Irving Metropolitan Statistical Area are forecast to remain constant over the next 12 months" while the rest of the country will see a decline. So, it appears that the Dallas market is stable, and will soon be on its way up.

The article:
Dallas Market Stability

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

6.15.2009

Dallas Market Is #3

I'll make this post short because I feel like I am beating a dead horse here, but the Brookings Institute just rated the DFW housing market as the third best in the country in regards to being affected by dropping home prices. What does this mean? The DFW market is still strong, despite the depressing national news you are hearing, and homes are selling. Combine that with the historically low interest rates right now and you have a perfect time to buy a home. This perfect combination probably won't be happening again for a long time.

The Article:
Dallas Is #3

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)