A national real estate article published in a community newspaper in Elizabethtown, Ky., caught the eye and ire of several local real estate professionals, and brought home an age-old conflict between news coverage and industry interests. The headline of the article, authored by Claes Bell, questioned, "Is this a good time to buy a home?" Focusing on first-time home buyers, the article suggested that heightening restrictions in lending requirements, including high down payments and the risk of further foreclosures and price decreases, may not be the best fit for those seeking to become homeowners. Local Realtors gave editors at The News-Enterprise an earful about the inclusion of that article in the newspaper's weekly real estate section. They echoed a rallying cry tha...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.