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Foreclosures Down 48%

graphI received an email from my CEO the other day.  He likes to send out industry news or announcements etc.  Anyway, his message on Friday was filled with excitement and surprise.

The first part of his message was discussing an article he saw in the USA Today Newspaper.  The article was about foreclosures rising 65% in the month of April.  I know what you are thinking, how can that be good news?  Well the good news didn't come from there.

That same day, Louisville's Courier Journal reported that foreclosures were down 48% for the month of April  in Louisville and the surrounding counties compared to last year.  That is great news!

As my CEO said, we have to give credit where credit is due.  It is rare that the media report news that is good and not filled with doom and gloom.  I commend the CJ and would love to see them do some positive articles about our area because the fact of the matter is, we live in a pretty stable market, but people tend to believe everything they hear.

Some people may think I'm crazy, but I truly belive that if the media would do more focus pieces that were positive in nature, it would only help the whole economy.  It might sound a little far fetched, but I don't think it sounds completely unreasonable.

Your Best Move for Southern Indiana Real Estate

Brett Mumaw REALTOR®

Semonin Realtors

3707 Charletown Rd. Suite 1A

New Albany, IN 47150

(812) 542-9057 Office

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Comment balloon 0 commentsBrett Mumaw • May 18 2008 08:44AM
Foreclosures Down 48%
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