Trevor Davis of the Frederick News-Post in Maryland writes Tuesday that a local real estate association president blames the media for making the real estate situation worse than reality.
“‘What’s going on as far as declining housing prices is a reflection of economic fundamentals,’ said Steve Pilloff, a Hood College management professor who blogs for The Frederick News-Post. ‘If the media is being accused of painting a doom-and-gloom picture, that’s a reflection of what’s going on.’
“Riggs partly blames the media for some consumers not buying homes.
“‘The reason they aren’t is because they are afraid of the present market because of the press,’ Riggs said. ‘That’s why the number of foreclosures in relation to all sold (homes) is high.’
“The real estate industry has an interest in portraying an environment that will sell houses, said Bernie Kohn, president of the Society of American Business Editors and Writers, a nationwide organization that represents business journalists.
“‘That’s not our duty,’ Kohn said. “Our duty is to inform consumers about the reality of what’s going on, not to put spin on it for the benefit of the real estate industry.'”
Read more here.
Morgan Meaker, a senior writer for Wired covering Europe, is leaving the publication after three…
Nick Dunn, who is currently head of CNBC Events as senior vice president and managing…
Wall Street Journal editor in chief Emma Tucker sent out the following on Friday: Dear…
New York Times metro editor Nestor Ramos sent out the following on Friday: We are delighted to…
Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…
This position will be Hybrid in the office/market 3 days per week, and those days…