Comments on: Personal Real Estate Investor Magazine http://www.tucsonazrealestateblog.com/tucson-real-estate-news/personal-real-estate-investor-magazine/ & What it is like living in Tucson Sat, 20 Mar 2010 15:18:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andrew Waite http://www.tucsonazrealestateblog.com/tucson-real-estate-news/personal-real-estate-investor-magazine/comment-page-1/#comment-1099 Andrew Waite Wed, 27 Aug 2008 17:41:56 +0000 http://www.barbaralasky.com/tucson-real-estate-blog/tucson-real-estate-news/personal-real-estate-investor-magazine/#comment-1099 David: Thank you. I am relatively new to real estate from varying business backgrounds (lawyer, technology sales and systems integration) and publishing technology and investment magazines. We then discovered real estate. We apply normal business measures and find a lot of weird results. Try this: Wall Street measures 100% of the market each day to update indexes. Residential real estate measures .05 of the total stock each month to impute market value and update market performance indexes. Any statistician would laugh you out of the room with such an error prone fractional sample, yet the world hangs on every word from OFHEO, Case/Shiller and NAR with a blind traded asset measurement and reporting approach to non-traded assets. "Perishable oranges to Wax apples, indeed." Thank you for your great words. Thanks A David: Thank you. I am relatively new to real estate from varying business backgrounds (lawyer, technology sales and systems integration) and publishing technology and investment magazines. We then discovered real estate. We apply normal business measures and find a lot of weird results.

Try this: Wall Street measures 100% of the market each day to update indexes. Residential real estate measures .05 of the total stock each month to impute market value and update market performance indexes.

Any statistician would laugh you out of the room with such an error prone fractional sample, yet the world hangs on every word from OFHEO, Case/Shiller and NAR with a blind traded asset measurement and reporting approach to non-traded assets. “Perishable oranges to Wax apples, indeed.”

Thank you for your great words. Thanks A

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