Orlando Real Estate News Blog

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"I'm Mad as Hell ... and I'm not going to take it anymore."

"I'm Mad as Hell ... and I'm not going to take it anymore." That's a quote from the movie Network, from 1976... Great Clip from that movie is below. Ya know, I’m tired of the Media slamming this market and saying how bad it is. If the media would just put a positive spin on things once in a while I think we’d all be better off. I recently heard that 1 out of 538 homes are in some sort of foreclosure in Florida and the media makes it sound like the world is coming to an end. OK, let’s do the math. 1 divided by 538 = .18587 I interpret that as .2% that means 99.8% of the market is not in foreclosure. We should be cheering. Anyway, this is how I feel today about the media. Watch the video and enjoy.

Comments

Jerry - Nice thought. How many homes are for sale? How many of the homes for sale are either "short sale" or in foreclosure? Does the media create the scenario or does the media respond to people all across America realizing the their are homes for sale in damn near every block as I drive to work?

The largest collapse of the housing industry is very big news. The failure of so many sub-prime lenders to stay in business is big news. The number of people out of work in our industry is big news. Companies closing doors or being bought out for pennies on the dollar is news. The economy spiralling into a recession fueled in part by the housing crisis is big news.

We are not suffering because of bad press. We are suffering because of the bad decisions made by many. Do you really think is good news to report 100% of those that were able to reach a life boat survived the sinking of the titanic, and fail to mention everyone else died?

Whether the media reports the glass half full or half empty.......you have to sell the same glass.

Posted by John MacArthur (ReMax Realty Centre) about 1 year ago

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