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median home prices: Median Home Prices Decline - The Positive Perspective - 02/15/08 10:18 AM
"WORST IN NATION: AREA HOME SALE PRICES PLUMMET IN 4TH QUARTER" (from the Lansing State Journal, 2/15/08)
This was on the front page of our local paper.  Why do the news makers report the most outrageous stats?  It's probably because "Shock and Awe" sells papers.
A more accurate line would be:
"Lansing, like almost every other city in the nation, sees declines in real estate values and reduction in numbers of sales in the 4th quarter.  On the whole, Lansing is not down all that much when you really analyze what's really happening."
My headline is more accurate, I doubt if anyone at the Journal … (2 comments)

 

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