Industry News

Finding a pulse in local real estate markets

National stats can overlook micro trends
Published on Aug 22, 2008

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by CareyBot

More bad news from the latest Standard and Poor's/Case-Shiller 20 metro-area price index: Prices were down 15.8 percent on an annual basis in May. How meaningful are the national numbers to your business?

At Real Estate Connect, I had the pleasure of moderating four different foreclosure panels. The last panel had a spirited discussion about the foreclosure numbers and what they mean.

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