After seeing / hearing wat seems to be the 5,000th politcal ad on TV and radio, spreading fear and misinformation, I'm exhausted. I'm irritated and fed up!

One political ad says Washington State's foreclosure rate is "2 times the national average." Really??!

Yesterday I read the Washington RealtorNews publication for Nov/Dec 2008. Their cover story - "Foreclosures: Where Washington Stands Today." Last year they took and in-depth look at foreclosures in Washington and in this article they look at this year's numbers. In it they report "According to the Mortgage Bankers Association (MBA) the current foreclosure rate for Washington State as of June 2008 is 1.04 percent , whereas nationally it is 2.75 percent. Washington ranked 45 in delinquencies and 44 in foreclosures started. This means that Washington State is currently performing 62 percent better than te national rate."

62 percent better!!

So why is consumer confidence at an all time low? I'll tell you why. Because these ads spreading doom and gloom are scaring the public! The average, every day person.

Washington's real estate market is still good. We've got many large employers representing different industries like Boeing, Microsoft, Bio-engineering, medicine, and Alaska Airlines/Horizon Air. Now is a great time to own real estate!

So please, Politicians, stop scaring my clients and hurting my livelihood. Find some other topic to use in your negative ads. Or better yet, quit running the ads!

November 4th can't come soon enough in my opinion.