Lie, Damn Lies — & Graphs The graph at right captures my attitude towards the myriad graphs, charts and other “pictorial data” available to show real estate trends . . . (And no, it’s not my idea; I saw this in a cartoon on the wall in the Stanford economics department in 1981).Read More
City Lakes November Showings It’s easy to get overwhelmed by real estate statistics — even for professionals. For starters, there’s monthly sales data; “pending” sales data (under contract, but not closed); median and average sale prices; number of active listings (inventory), etc. Those data are available locally, regionally, and nationally. Further complicating matters: different “scorekeepers”...Read More