I was in a discussion yesterday about statistics for the Piedmont Triad area around Kernersville, NC. I became overwhelmed at the number of different ways one can assemble statistics. With focus of the housing industry being in the forefront of the economic news there obviously been an over statement of how bad things are for the general real estate industry. Each individuals has a unique situation with respect to their value. Often I have heard - I am giving the house away- when in actualityy the real estate had been refinanced and the equity was pulled out. Now the pay offs are net sellers very little. As consumers are looking at homes that are more in line with their ability to manage the median home price for our area seems to be less. My point is that this is not a reflection that homes have lost value. Many CMA reports are showing for me a level field or even a slight increase. Having a calm head will get every one through this perceived housing crisis.
What are your thoughts on Statistics
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