following is a copy of a link to an article by nick timiraos appearing in the july 19, 2011 on-line edition of the wall street journal on the subject of the number of residential property listings nationally in june 2011.
Keith... Do you find, in your market, that you can't make a blanket statement about the number of homes sold in a large geographic area, like the WSJ article did. In our area, the numbers may be down for the state or even for a county. When you zero in on homes sold in a city or even a section of a city, you'll find a different statistic all together. I wish the media would start telling the story but add that caveat. When a client reads an article like the one you have posted, they are disillusioned by the "blanket statement". What's your input?
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