FEB 2008
Housing news got you down?
Well, it shouldn't.
As we've been indicating in our articles and conference calls, the seasonality inherent in year over year pricing comparisons doesn't mean much in the analysis of real estate values over time. The latest figure from the National Association of Realtors shows that values ended flat for the year instead of the "down 3.2%" the media made a big issue of just last month. We'll be patient and wait a few months until the final revisions are out but in the meantime, this is just another prime example of how using our charts to display the benefit of home ownership over traditional time periods (rather than month to month) is realistic, much more accurate and quite likely to continue. Congrats to all of you that made the investment in our tools -- now, you have even more validation for the message your charts display! |
