The Washington Post put out their annual "Housing Outlook" special report today. I find these reports to be readable and interesting, but more of a backward-looking recap of the year rather than an "outlook".
John here on the blog pointed out a glaring factual error in Elizabeth Razzi's piece entitled "Opening Doors for First-Timers"
"But there's still a big hurdle for first-time buyers to overcome: It's tough to find something affordable that isn't in greater need of rehab than Amy Winehouse. For example, a quick search for condos or houses priced at $350,000 or less in Fairfax County showed only six properties. Six!ZipRealty shows 2,575 condos and houses priced under $350K in Fairfax County out of a total of 7,348; over 1/3 of the available listings. There are 1,054 condos and houses priced under $250K.
On average, the Washington area has high incomes to go with those high prices. That means the income caps for qualifying for government help to buy a first home are also high, so don't assume you earn too much until you check".
Hopefully we'll see a retraction or they'll be notified by readers tomorrow when Real Estate Editor Maryann Haggerty and columnist Elizabeth Razzi hold their online discussion.