Monday, March 24, 2008

Brian Williams Looks Past The Current Housing Slump

My wife and I spent the majority of this past week in Las Vegas for her birthday celebration. I won't dare tell you which birthday it was of hers, she'd kill me, but her and her two best friends from back home all turn a fairly significant age this year and wanted to celebrate together, so we all met in Las Vegas. This has nothing to do with this post other than while we were there I was watching the news, trying to stay out of the casino so I wouldn't give them any more of our money, and saw the lead-in to a story on the slumping housing market. Alone this is nothing new. In fact, it's almost a daily occurrence that the media reports some doom and gloom story in relation to the housing market (which is a whole other post in itself), but this time it had a little bit different feel to it. I don't remember the exact words that Brian Williams of NBC used, but it was something along the lines of, "How did the housing market get to where it is today, and just what do we do from here?" I can't tell you how refreshing it was to here that. To many people it may not sound like much, but I think this is the first time that I've heard the media talking about "what's next?", or "where do we go from here?". I believe that the media plays a major role in public perception and if all the media talks about is how bad the housing market it, then rest assured the public will feel it….a self-fulfilling prophecy. So hopefully, going forward, the focus of the media coverage relating to the housing market will be on "what next?", or "where do we go from here?", or "just how do we get out of this mess we're in?".

-Steve Nicks

[tags] real estate market news coverage, desert ridge real estate [/tags]