Have a look at the latest piece of trash coming from Alan Zibel, the Associated Press' so-called real estate reporter.
First of all, he claims rel estate is in a "four-year slump." The real estate correction began anywhere between late 2006 and early 2007 depending upon what you are looking at. Median prices for single-family homes peaked in late summer-early fall of 2006 but there was still robust although activity until ealy 2007. That makes it a three-year "slump" at best. That's a bit trivial but not for a professional reporter who covers real estate for the largest syndicated newswire in America, whose stories reach thousands of publications around the U.S. and the rest of the world.
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