June 13, 2008

National Media Sees Silver Lining… At Last?

Filed under: Adding value, good news — Richard M. Sander @ 12:32 pm

Stop the presses!

Well, no. Take that back. Keep running the presses - especially if we’re going to see more coverage similar to what John Wasik at Bloomberg wrote this week about real estate:

Economic savants focused on the U.S. housing bust tend to neglect one overriding fact: Some of the market is doing fine.

And that was only the first line!  Later, he recounts what we’ve been saying for awhile now:

As more than one economist has quipped in disgust in recent years, there really is no national real-estate market in the U.S. The tech-savvy Seattle area is a quantum leap from decaying Detroit. And mature Cleveland is light years away from the young, job-producing Salt Lake City corridor.

…and Myrtle Beach real estate is… well, like nowhere else. Come check us out!


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