Comments on: Arizona Home Prices Drop – According to Who? http://www.tucsonazrealestateblog.com/tucson-real-estate-news/arizona-home-prices-drop-according-to-who/ & What it is like living in Tucson Thu, 09 Feb 2012 01:34:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dave Smithhttp://www.tucsonazrealestateblog.com/tucson-real-estate-news/arizona-home-prices-drop-according-to-who/comment-page-1/#comment-71 Dave Smith Fri, 07 Sep 2007 14:10:07 +0000 http://www.tucsonazrealestateblog.com/tucson-real-estate-news/arizona-home-prices-drop-according-to-who/#comment-71 T, It also makes me wonder what is the basis for the logic that says refinance data isn't the best for determining the home price index because of the nature of this appraisal data, but it increases our sampling significantly so we use it. We put motor oil in our chicken soup. It makes the soup taste terrible, but we've found there is more soup if we put the motor oil in it. More is better? Or a lot of useless soup? T,

It also makes me wonder what is the basis for the logic that says refinance data isn’t the best for determining the home price index because of the nature of this appraisal data, but it increases our sampling significantly so we use it.

We put motor oil in our chicken soup. It makes the soup taste terrible, but we’ve found there is more soup if we put the motor oil in it.

More is better? Or a lot of useless soup?

]]> By: Teresa Boardmanhttp://www.tucsonazrealestateblog.com/tucson-real-estate-news/arizona-home-prices-drop-according-to-who/comment-page-1/#comment-70 Teresa Boardman Fri, 07 Sep 2007 14:02:48 +0000 http://www.tucsonazrealestateblog.com/tucson-real-estate-news/arizona-home-prices-drop-according-to-who/#comment-70 The problem with this data is consistency. Different reporting periods are used by each media outlet. Makes it all very confusing because they often do not site the source of their data. I keep using the same data that I take from our MLS. The majority of the sales in MN are recorded in the MLS. yet my numbers differ from the national reports. The problem with this data is consistency. Different reporting periods are used by each media outlet. Makes it all very confusing because they often do not site the source of their data. I keep using the same data that I take from our MLS. The majority of the sales in MN are recorded in the MLS. yet my numbers differ from the national reports.

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