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TUESDAY, JULY 8, 2008 11:09 pm
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Area's housing isn't doom and gloom, experts say 3/22/08
More sound recession alarm 3/22/08
Fossil suggests human ancestors walked sooner 3/22/08
 

Sorry about that whole housing crunch


Posted at 12:01 am by Doug Parry, Herald staff

Happy days are here again: Real estate agents met Thursday in Lynn­wood, and they've got a good handle on what's wrong with the housing market: Nothing!

The only real problem, they say, is that the media make people nervous by telling them there's bad news. (Not us: A 2-bedroom mobile home in Stanwood is definitely worth half a million).

Seriously, haven't the real estate agents seen CNN lately? All they had to do was hold up something shiny and nobody would've noticed all those risky home loans.

Meanwhile, there's a story today that predicts a pretty bad recession, thanks, in part, to the media- induced housing silliness.

Alan Greenspan sounds bleak, but we'll edit his words to make the Realtors happy: "The current financial crisis paradise in the U.S. is likely to be judged as the most wrenching groovy since World War II."

And human ancestors started walking 6 million years ago, according to new research. That's about 1 million years earlier than previously thought, and roughly 5 million years before early man decided a subprime loan was so crazy, even a caveman wouldn't do it.
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