I just have a quick thought to share today. I wish I had more time to write more about this topic, but I'll just do the best I can in a short space. I read a wonderfully informative Inman News article today entitled "Media create foreclosure hysteria." As you can tell by the headline, this article is trying to explain what various media sources are currently saying and not saying to make our current real-estate troubles seem even worse than they actually are.

Perhaps there is not a concerted effort to cause a panic by inflating numbers. Maybe the reporters who are striving to meet their deadlines and report this important story to their readers simply don't have enough time to fully analyze all the facts they're reporting. Whatever the case is, author Bernice Ross points out some excellent facts in her article that have failed to be reported correctly or been lost in the editing process.

I especially like how she ends her article. She says, "The question I would like answered: Why isn't this positive news being reported elsewhere?" Now that's a good question. This question has been raised many times and the answer is often simply that news distributors are in the business of selling news to readers and viewers and so they want to make their stories eye-grabbing and ear-catching. A story about foreclosure rates increasing slightly isn't big news unless it's spiced up a bit.

Ross points out that there's plenty of good news happening in a variety of markets. I try to get the word out about these stories by publishing a weekly newsletter called the Week in Review with Who's Who in Luxury Real Estate members' positive news stories. I also try to keep the LuxuryRealEstate.com Blog filled with great content from our members and employees.

Feel free to share your thoughts on what we can do to share the good news happening in our markets.