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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (18334)	3/9/2004 3:05:24 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

whats up with Rhode Island? Interesting that he is the #1 appreciator.

To: Tradelite who wrote (18334)	3/9/2004 3:09:11 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

The state by state index you have referenced is an loose approximation of home prices based on the value of mortgages which are underwritten. Over a long period of time the results are entirely inaccurate. ofheo.gov RERC has published a number of papers which illustrate the systematic errors created by this methodology.