This entry was posted on Monday, November 20th, 2006 at 1:41 pm and is filed under Market Snapshot. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave It To The Naples Daily News
Leave it to the Naples Daily News to once again bash the real estate market with another front page article dated Sunday, the 19th that erred grossly. The piece mis-quoted a Moody’s Economy Study from 4 October of this year, which suggested for the downturn to bottom, we needed a 14% drop from our high (December 2005). The Naples Daily News incorrectly stated, among other things, that Moody suggested a 14% correction from today’s date.
Certainly the article does nothing to support the current resurgence in the marketplace, and could actually undermine it. For whatever reason, the paper continually tries to bite the hand that feeds them!
 To view the original article: _href=”http://www.whoismel.com/moodys.htm” mce_href=”http://www.whoismel.com/moodys.htm” >http://www.whoismel.com/moodys.htm
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