census bureau: New Home Sales : How The Newspaper Headlines Mislead You - 06/02/08 01:36 PM
Newspaper headlines rarely tell the full story and today's papers provide a terrific example. From the Baltimore Sun (and others):
New-home sales lowest since 1991 8.5% March decline exceeds forecasts; prices also tumble As always, there's more to the story than the headline.
The Census Bureau reported a 8.5 percent decline in New Home Sales last month, but in the "fine print" of the report, the Census Bureau cites a margin of error of 16.1 percent.
By including a margin of error, the Census Bureau is acknowledging that the "headline number" is not precise and that the actual change in New … (0 comments)

census bureau: How Seasonal Factors Change Homeowner Vacancy Rates - 05/12/08 08:26 AM
Each quarter, the Census Bureau releases the Homeowner Vacancy Rate, a housing statistic the measures the percentage of homes for sale that are vacant.
A home listed for sale may be vacant for several reasons including: The home has been foreclosed and the owner has moved out The home seller moved into a new home and not sold his former home The home was a rental property and is being sold without a tenant In Q4 2007, the Homeowner Vacancy Rate matched its all-time high of 2.8 percent. The statistic can be misleading, however, because Homeowner Vacancy Rates appear to be … (0 comments)

 
Mike Rosen (Provident Team Real Estate)

Mike Rosen

Leesburg, VA

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Provident Team Real Estate

Address: 20130 Lakeview Center Plaza, Suite 430, Ashburn, VA, 20147

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