Saturday, July 26, 2008

Misquoted in Burbank Leader

I just sent this letter to the editor of the Burbank Leader:

"I am a local Realtor, and it is a privilege to be quoted by Jeremy Oberstein in the July 26 article "Local Housing Market Flailing." However, in the paragraph about foreclosures in zipcode 91505, I was quoted as saying there were 19 foreclosures out of 4,000 homes in this year's second quarter. The number should read 14,000 homes. I think you will agree that this is a very significant difference. Also, I believe I cited statistics from the first quarter only, when there were just 6 foreclosures in that zipcode. The source of my information, obtained in May, was the Los Angeles Times' own "search foreclosures by zipcode" widget available on the L.A. Times' (your parent company's) website."

Okay, I'm finally beginning to believe that "the media" is blowing this issue out of proportion, at least for our area.

Update: Jeremy sent me this return email yesterday:


My mistake. I will change 4,000 to 14,000. The stats cited were not from the 1st quarter but from the second; That is why we were doing the article this week. It was an honest mistake and one I regret making, but not a case of "the media blowing this out of proportion" as you mention on your website.It will be fixed on the Leader website ASAP.Thanks for bringing it to our attention.


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