Big D Blog has written about the false panic coming from the media in regards to our local market here in Dallas Texas.  Well Dallas home buyers and sellers, here is some raw data to ease the pain even further:

30% of all homes in America are totally paid for with Free and Clear Title.

20% of all homes in America are owned by real estate investors and leased out to renters as income generators.

48% of all homes are owner occupied and those owners are current with their mortgage payments just like they promised their lender they would be.

2% of the homes in America are either behind on payments, involved in a "Short Sale," or have been Foreclosed on.  JUST TWO PERCENT

What are the reporters reporting about and the writers writing about....?  The measly two percent. 

While the issue of predatory lending and the personal irresponsibility of home buyers is a legitimate issue, most of us are right on track and shouldn't have to be beaten over the head with the depression stick every morning and night.  Most home buyers, especially in Dallas Texas, simply want a nice home in a safe area at an affordable price.  They want to buy that home with as little debt as possible and pay as little interest as possible on their mortgage.  In addition, thoughtful service and respect from service providers would be nice.

 Short and sweet news from Big D Blog