Wednesday, February 27, 2008

A positive foreclosure spin?

It seems the real estate industry has put a positive spin on the foreclosure boom.

In Saturday's Tracy Press, on Page 27 in the Real Estate Marketplace section, Realty World boasted of "Foreclosure Tours Every Half Hour."

Is it just me, or is it a little disturbing?

In related — and equally pathetic — news, The Associated Press reports that only 33 percent of all households in California can afford an "entry-level home." And that's an improvement.

No comments: