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More "Fuzzy Math"

By
Real Estate Broker/Owner with Novak Advantage Real Estate UT DRE# 5459481-PB00

NOTE: 18% is almost 1 in 5 properties (read: real live people who are your neighbors, friends, family, co-workers ...)

NOTE: 23% is almost 1 in 4 properties

NOTE: "Fewer Homeowners Underwater"? Make sure you read the complete update. Fewer is not fewer in Utah, fewer is fewer compared to the national average. Remember, all politics, and real estate, is local.

NOTE: Like I keep telling my clients, "better" is a relative term. Now I can add "fewer" to the same list.

NOTE: "Utah's foreclosure rate will not rise as dramatically in the coming year". TRANSLATION: Utah's foreclosure rate IS going to rise in the coming year, just not as dramatically as ??? ... compared to last year? compared to Nevada's 65% underwaterness?

This type of "press release" is a terribly misleading disservice to us as dues paying members of the SLBR, our clients and the public at large.

SLBR Executive Committee Message 11/30/2009
Posted by

Kim Novak is the Broker/Owner of Novak Advantage Real Estate. She can be reached by call/text/FaceTime at (801) 726-1443 and by email to kim@novakadvantage.com.

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Suzy Morris
The Morris Team - Carlsbad, CA

In PR they call that "spin."  I remember a book that was required reading in college called "how to lie with statistics"  (first printed in the 1950s). 

Nov 30, 2009 06:06 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Excellent reading between the lines, Kim.  It's all smoke and mirrors.

Nov 30, 2009 04:38 PM