Milwaukee…the beers not the best but the home values are!
By: Dennis Norman
Just in case you haven’t heard enough about real values median prices and the like I have another housing report to talk about. Yesterday Radar Logic published it’s report on October home prices for 25 metropolitan areas. Radar Logic has only been publishing this housing report since 2000 so they are a fairly newcomer compared with the Case-Shiller Report or the National Association of REALTORS(R) reports that I discussed in my last post about home prices last week.
What’s interesting about the Radar Logic Housing Report, and I think that at first blush may make it more representative of the market then the other reports I mentioned, is that the Radar Logic Housing Report is based upon the price per foot that homes sell for in the 25 metropolitan markets they report on. This would tend to lead to a more “apples to apples” comparison in my opinion as just looking at sale prices and not home size could end up skewing the data in areas where the size and/or type of housing stock changed over time. For Read more…
|
|
|
|
|
 |