Personal thoughts from within the Luxury Real Estate network
By Robert Lockard
I’ve been talking a lot about the media lately, but my thoughts just keep dwelling on this topic. When I see headlines talking about how many people believe we might be in a recession, I start to wonder if that is simply reflecting the fact that everyone hears and reads predictions of future downturns and problems in the news. However, sometimes we can find small morsels of hope buried under all of the sour gloom.
For example, I recently spotted a short but wonderful article, entitled “’07 home prices not so bad after all,” in The Seattle Times. It’s just a few short paragraphs long, but at least it shows another side of the real-estate industry in the Pacific Northwest, at least. Local newspapers and other media sources should do more of this kind of reporting in their areas. Even if national statistics don’t look particularly strong, I’m sure that many local real-estate markets are doing just fine. I would like to hear more about local trends, rather than national trends.
I would have liked to see more discussion in the Seattle Times article of possible reasons why prices still increased in the Puget Sound, despite increases in inventory. Perhaps luxury real estate markets helped maintain home values in the region or maybe some other factor contributed in a way that I haven’t considered, yet. I shouldn’t complain too much about the shortness of this article; it’s nice just to hear some good news mentioned. Speaking of which, I have more good news that I’d like to share soon. I’ll hopefully be able to write more on Monday.
Editor’s Note:
Robert Lockard is the Public Relations & Media Specialist with LuxuryRealEstate.com. Actually, I’m Robert, so I don’t really have anything to add to my own story. However, I do want you to know that just because I’m working hard to edit everyone else’s blog entries, that doesn’t mean that I intend to shirk my responsibility to include great content of my own on the LuxuryRealEstate.com Blog.
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