Realtors (and media) Bubble. Skeptics Blog.

Here’s a good example of how media is changing… The New York Times has a short piece about how bloggers are helping to clarify, or at least balance, traditional news stories

“HURRICANE KATRINA will lift home prices across the country, the National Association of Realtors declared [last] week. News outlets that picked up the story passed it along wholesale. MarketWatch.com presented a news release rewrite at the top of its home page with its usual screaming headline. It was left to real estate bloggers to provide context….”

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