Quote:
Originally Posted by Red
Pretty clear that he is cherrypicking stats to misrepresent the overall market.
In the end we just need to look at two things, sales and inventory. Supply and demand. Both are trending in the wrong direction. Market will adjust accordingly.
All these other tidbits like home prices up from a month ago are irrelevant. They just show that marginal buyers (first timers) were outnumbered by more well to do ones. Is that a good thing?
How many vacant homes on the market? About 25%. That's the scariest stat of them all. Musical chairs gone wrong.
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Edit: deleting my post as its not worth my time. Your post had 0 relevance and used the most ridiculous stat possible yet you found a way to say I (the guy I hire) cherry pick stats.