Monday, April 4, 2011
Housing troubles is troubled by CBS' 60 Minutes
People are working their you know whats off to stay afloat in this economic situation we are in. When avoiding forecloure in Bergen County New Jersey is your number one priority, the news teams of our life take license with the fact that they can say anything they like with or without foundation and in any way they please.
April 3, 2011's edition of 60 Minutes had a lead story about banks and mortgage fraud depicting forgery and criminal practices. The lead in to the story was about the doom and gloom of the housing market which really had nothing to do with the story. Yes, it is true that the signs are there for some difficult times still to come and yes, the housing industry is a direct correlation to mortgages and how we finance the largest purchase of our lives. That does not give CBS or any other news outlet, be it TV, radio or print the right to sensationalize a story with unrelated rabble rousing prior to a story about something else.
How do you get the right information? Talk to a professional that knows. The company I work for and own, CENTURY 21 Eudan Realty, trains its real estate professionals to not only understand the numbers, but how to explain them.
For an informative undersatnding of this local information as it pertains to you the home owner, join the movenment by coming to the April edition of the Bergen County Real Estate Market
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