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Plunge, Surge, Plunge, Surge!

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Mortgage and Lending with MLS Maps, Agentopolis, Tweet Me Homes

Is it just me or is anybody else getting sick and tired of seeing one of these two words in every other headline?  There was a time when the word "Surge" or "Plunge" in a headline related to the stock market meant something but lately, with the market making dramatic redirects every other day, these two terms have seemed to lose their oomph. 

Frankly I'm kind of sick and tired of the media anyway.  If it wasn't for the stock market gyrations and the pending election ( I can't wait for that to be behind us as well) I think the major media outlets would have to layoff at least 20% of their staff because their wouldn't be any news to report.  The only good news about the plunging-surging stock market is that it is taking the attention away from the real estate market, which doesn't need the media's help to alarm consumers.  My bet is that as soon as the election is over and the market mellows out a bit, we can count on the media to start using the word "Plunge" in reference to the real estate market, in hopes of generating readers with more gloom and doom.  Don't you love those guys!

Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

Great post, we spend a lot of time explaining to well qualified buyers that they can still buy and the world is not ending.

T

Dec 11, 2008 04:04 AM