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The Value (???) of National Real Estate News

Per the Wednesday, November 28, 2007 Daily News Record . . .
Headline:  Home Prices Fall 4.5 Percent
Source: Associated Press

Per the Thursday, November 29, 2007 Daily News Record . . .
Headline:  Existing Homes' Slump Deepens
Source; Associated Press

Our local reality . . .
Home sales are up 18% this October to last October
(though they are still down approximately 16% when looking 2006 YTD vs. 2007 YTD)

I am hopeful that Daily News Record readers realize that the national real estate news stories that run are often telling a far different story than exists here in Harrisonburg and Rockingham County.

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