Shining examples of more stellar “local” real estate reporting

This from a reader:

Here is another shining example of disservice to the SF real estate market courtesy of the SF Gate.

The SF Gate and KGO (ABC) reported ([yesterday and the day before yesterday], respectively) on the same story, but KGO was decent enough to report the foreclosure numbers IN CONTEXT, i.e. referencing that the 130 foreclosed-on properties were in the Bay View. The SF Gate cunningly lumps all of the foreclosures into “San Francisco” and adds in that the rate of foreclosure in the city is “up 200% from last year”, easily giving the impression that the real estate market is tanking city wide. I don’t think the Gate even mentioned the word “Bay View” once in the entire article. In a word? LAME.

Here are the links if you want to check it out yourself.

ABClocal.com

SF Gate

And we thank you for your report and taking the time to bring it to our attention.

2 Comments

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  1. I posted another comment and a question on the same article on the blog.ORG.

    please have a look. here

  2. You’re right that’s it’s not up 200% – but it is up 100% which isn’t such a great number

    http://www.dqnews.com/News/California/CA-Foreclosures/RRFor080422.aspx

    San Francisco 216 420 94.4%

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