
News reports on housing market
Author: Support Services, e-PRO
When you see a news report talking about home prices changing, can you take the report at face value? In most cases, the answer is no. News reports about the state of a local or nationwide real estate market are often skewed. In many cases, reporters base their ‘conclusions’ on skewed data. If you’re going to rely on news reports to tell you about the activity in a real estate market, know what you’re seeing and what the reports actually mean. You can still get good data from these reports if you know how to read between the lines.