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


To: Think4Yourself who wrote (68507)12/11/2006 11:05:24 AM
From: BWACRead Replies (1) | Respond to of 306849
 
<This is surprising since they pretty much have exclusive access to present and historical comparison data. The rest of us have to go to the county records building or the tax assessor's office.>

But the clowns act like the register of deeds doesn't exist to tell all sales prices. And use the term GIS system if you want a blank stare.



To: Think4Yourself who wrote (68507)12/11/2006 11:14:27 AM
From: TradeliteRespond to of 306849
 
<<On the overall level the profession has badly miscalled the top, and is currently miscalling a bottom. >>

The only "top or bottom" that matters to a particular homeowner in a particular neighborhood at a particular time is what happens at that particular time. Real estate in general, and real estate agents as a group, seem to be judged in broad terms that don't mesh with reality.

You can judge the U.S. to be having the worst so-called "overall" market of all time, but a superfantasticbeautiful house on one single block can sell with multiple offers at any time.

That's what makes the business so interesting to those who are actually in it, not standing on the outside trying to figure it out. <<GG>>



To: Think4Yourself who wrote (68507)12/11/2006 11:18:56 AM
From: BonefishRespond to of 306849
 
It's certain that the Real Estate profession (if you want to call it a profession) is always going to paint a rosy picture or at least try to find a silver lining. Therefore their opinion is a non event. So I just ignore it. Trouble is that these are the people they keep dragging out on CNBC for an expert opinion.