Wednesday, February 14, 2007

OC Register - "Media coverage of housing market too upbeat" (2-14-07)

Homebuilder Robert Toll, CEO of Toll Bros., said recently: "We continue to believe that buyer confidence is the key to a turnaround in the new home market. It appears that the media's sentiment toward the housing market is becoming more balanced and their messages are making customers aware that, in the current climate of attractive interest rates, motivated sellers and a generally healthy economy, now is a good time to buy a home." We asked visitors to the Lansner on Real Estate blog ( blogs.ocregister.com/lansner) about how they would describe the media's recent coverage of the housing market. Here are the results from 590 votes cast in what's an unscientific sample of public sentiment:

34.2 percent: Far too upbeat
21.2 percent: Bit too upbeat
22.0 percent: Balanced
8.6 percent: Bit too downcast
13.9 percent: Far too downcast

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