It's not just the liberal media to blame.
Would you take gardening advice from your dentist?
Would you take engineering advice from a taxi driver?
Would you take stock market advice from your real estate broker?
Probably not.
Why then do we take as gospel real estate advice from stock and bond peddlers?
Stock and bond people are the ones behind the bad-mouthing of the real estate boom. Stock and bond peddlers compete /against/ real estate brokers for your money. Since the dot com bust, real estate has soared and the stock market is about as exciting as watching a parked subaru for years on end.
If you want stock and bond advice, go to one of their peddlers. If you want to know what's going on in the real estate market, talk to your broker. My broker is busy as hell with potential buyers and complains about a lack of inventory (sellers) under $500k.
One last bit of advice: Though I love Fox News, when it comes to real estate, don't believe a word out of Neil Cavuto's mouth.