Industry NewsMarkets & Economy

When to ignore real estate market reports

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

It doesn't happen very often, but I am offering something today that will help all of us improve our attitude about the economy. It's not as bad as we have been led to believe. I have the numbers to back it up. You will see why I am so excited about what I have discovered. After all these years, my degree in economics is finally paying off. I am about ready to quit reading monthly housing reports. Instead, I plan to focus on listing and selling homes. I am asking my readers to join me in this movement. It's a big step, because it means I will have to quit complaining and worrying and go to work, which no one should be expected to do cold turkey. That's why we should start reading market news only in part. The key is to focus on today's numbers, not the trends. We are salespeople. We don't make things. I understand why companies that make appliances, Sheetrock and carpet would care. After all, they have to plan and make projections. We don't. We sell homes. Our long-range p...