Guess Who is Telling Lies To Your Prospects
February 9, 2009 by admin
Filed under Real Estate Articles
The News is in serious need of some truth. But let’s face it. Bad news sells.
This from Randy Eagers at Broker Agent News.
…a speech given by my good friend Utah Lieutenant Governor Gary Herbert. He and I worked together years ago to establish the Utah Chapter of the Council of Residential Specialists. OK, here’s what he shared with us:
“Bank Closures at an All Time High in 2008”. Hogwash!
- In 1989 there were 1,004 bank closures.
- In 2008 there were 30 bank closures
On average there are 94 bank closures per year
“Foreclosure Rates Show No Sign of Slowing”. Baloney!
- During the Great Depression Foreclosure Rates were 50%
- Nationally today our Foreclosure Rates are 3% (1.4% in Utah)
“States Unemployment Funds Run Low”. Ridiculous!
- During the Great Depression Unemployment ran at 25%
- Nationally today our Unemployment is 7.2%
We have been saying this for over a year now at Positive on Real Estate. It is time for real estate agents and mortgage pros to blitz the narrative across the net. Accentuate the positive.
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