Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
People generally understand that real estate is local. The markets are driven by regional economies, which ultimately depend on the number and type of jobs in the area. Therefore local data is more relevant than national data in most real estate decisions. Local data is gathered, analyzed and published by diverse groups and individuals that range from specialty firms to local bloggers. Because every home is unique and towns have wide ranges of home types,
It’s been a big day for real estate in the national news. The Wall Street Journal had three articles that caught my eye. And then Case-Shiller data was also announced this morning. First was the front page piece titled Price Cuts Spur Home Sales. December existing home sales data was released on Monday. The market had expected another month-over-month decrease after November’s 9.4% drop in the number of transactions. However, the December report showed a