The New York Times’ “What You Get” Feature: Misleading Real Estate Statistics

Mixing Apples and Oranges Are real estate prices in rural South Dakota and Mississippi really twice as much as in Dallas? That’s the takeaway, at least superficially, from a NYT piece profiling homes in South Dakota, Mississippi, and Dallas that are all now on the market for around $800k. Prices Per Square Foot; “A Creek...
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Multiplication-Challenged Realtors?

Real Estate Pet Peeves Acres: 0Lot Size: 132′ x 120′ It’s admittedly a pretty fussy pet peeve, but here goes: if you’re selling a home on an unremarkable, 40′ x 120′ city lot, I don’t really care or need to know that that’s .110 acres (some Realtors tell you, anyways). However, if you’re selling a...
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