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


To: tejek who wrote (304369)2/19/2011 1:48:11 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
The statistics seem to vary. On month house prices are stable and the next month they are down. Figures don't lie but liars figure?



To: tejek who wrote (304369)2/20/2011 1:09:46 AM
From: The ReaperRead Replies (1) | Respond to of 306849
 
You aren't seriously putting any credence behind anything that the NAR says are you?

calculatedriskblog.com

Let me sum up the context of the link.

So the revisions should come this summer. I expect the NAR to revise down sales for the last 4 or 5 years, with significant downward revisions for 2009 and 2010 (CoreLogic estimated 15% to 20%).