Tucson Real Estate News
Archived Posts from this Category
Archived Posts from this Category
I don’t usually write about foreclosures or rates of foreclosure. But I want to address the article that topped the business section of this mornings “Arizona Daily Star”.
Over at the news blog Tucson Real Estate in The News I wrote a post about the January Closed Transactions and how the Tucson MLS is doing a great job of trying to get good data for the monthly Tucson MLS Statistics report.
So it is time for
Fun with Statistics
Nice to see that reporters and those quoted for articles don’t let the facts get in the way of what they are writing.
I’ll do a little analysis here. We learned yesterday that homes with a significant increase in value over a long period of time are weighted down.
I’ll confess, I am contributing to the decline in the Case-Shiller reports. I am one of the reasons the October 2007 numbers on the housing market have declined by a record 6.7 percent. Now here is my question, “Are You Contributing to the Record Decline in the Housing Market Report?”
We see a swing from -27.6% in the Midwest to +4% in the West. A difference of 31.6% in the activity from these different areas of the country. In case anyone might still be confused about where Tucson is located. It isn’t in the East, South, or Midwest. And this is a good thing.