Yesterday, as I was paying for my gas at an Exxon station, I happened to glance at the issue of the Houston Chronicle only to see this:

Source: Houston Chronicle
With a headline like that, I couldn’t but purchase the paper. When I went home and actually read the entire story, I was shocked! After all, I know the newspaper business has been in a rough spot for quite some time now but this is just going too far.
“Jim Glaser and his wife.. have had their Woodland Heights home for sale for more than two months.” Ohh God, what are we going to do now? Are you kidding me?! You make a front page story over a home that has been on the market for just over two months? In the interior of same article, it states that the average days on market for Houston real estate are 79 days…
Then, I followed the story in the interior pages:
Source: Houston Chronicle
Is this even the same story?
In all honesty, after reading the entire article, I found it to be very balanced and realistic, which is a first for stories coming out of the media in regards to the housing market. What disgusts me is this cheap trick to sell papers by naming an otherwise fair article in such sensationalist way. I guess the paper business is doing a lot worse than I thought.
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October 23rd, 2007 at 5:31 am
The same article caught my eye, and for the same reason. Recent reports on NPR also seemed to be going after similar headlines, and the facts of the story were not made clear. The entire situation regarding news outlets and the real estate market reminds me of scenarios in the book Lying with Statistics. The facts are right, but the presentation is off.