The National Association of Realtors is advertising in some of the country’s largest newspapers, hoping to persuade skeptical consumers that it’s a good time to buy a house.
Countering media coverage of the slumping housing market, the Washington, D.C., trade group cites interest rates near historical lows, a plethora of homes to choose from and the security of a long-term investment.
“Nobody is telling that story,” Tom Stevens, president of the Realtors group, said Thursday.