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another housing market comes tumbling down

Just when you thought it was safe to go back in the water … I mean the housing market … via the semi-stable shores of Central Florida (Orange, Lake, Volusion, and Palm Counties), you get this gem announcing that the housing market there is headed for the skids in the tradition of well known high-fliers such as Las Vegas and Phoenix. I hate to be the voice of moderation on this one, but Central Florida never saw the run-up in prices that savaged glamor addresses like Miami, Palm Beach and Boca Raton. So why would it fall so hard and fast? Don’t believe me? See for yourself in this list of the hardest hit real estate markets accross the coutnry. Few of the zip codes singled out in the report are in Central Florida.

So what is really behind posts and reports like these? I think the rule goes like this — when the media starts telling you how bad things are, things are already getting better. remember, it isn’t a ‘story’ worth covering until it affects millions, is being talked about by rival media outlets, or is mentioned in the press releases coming from the Democratic National Committee that morning.

DISCLAIMER: I’m not saying the mainstream media belongs to the Democrats. I just call it like I see it

:: Bankruptcy Attorney in Illinois :: M. Hedayat & Associates, P.C. ::

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