Entries from June 2007

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
2-4 […]

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