Thursday, June 7th, 2007
All Real Estate Is Local, Or Why National News Programs Are Misleading
This is just a quick reminder to ignore national news stories about real estate. It may sound like strange advice, but real estate is a highly local phenomenon.
The “national scene” is comprised of data from:
50 states, with
More than 30,000 incorporated cities, and with
An innumerable number of neighborhoods
It also combines data from:
Single family residences
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