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News Summary for September 26

Coverage of August’s existing-home sales is dominating the news this week. David Lereah appeared on NBC Nightly News commenting on the reported drop in home prices. “The sellers market has turned into a buyers market. That’s why prices have come down over the last 12 months. And that is why they will continue to come down over the next six months,” stated Lereah. Top news media including the New York Times, USA Today and CNNMoney.com also quoted David Lereah in stories on home sales and prices.

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News coverage shapes perceptions of people, organizations and entire industries.
Yet few of us understand what goes into the making of a news story. “NAR in the News” will give its readers a peek behind the scenes into how journalists cover the nation’s largest trade association and the 1.2 million REALTORS® it represents.

This blog is also a place for REALTORS® and others to express their opinions and ask questions that we will try to answer. “NAR in the News” is produced by NAR’s Public Affairs Division.


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