Every day I read to stay informed about our real estate market. It is always helpful to be able to convey select information to prospects and clients in whatever way possible to support a point or position. I read the following article this morning and couldn't help wondering why real estate data is alwsays compared on a year over year basis. We say that real estate is a long term investment, yet articles continue to compare data to the previous year. Why do they not compare to five years ago or ten years ago? Year over year stats don't put anything in perspective. Just like we have to look at real estate in the long term, so should we view the historical data the same way. Here's an article regarding areas in the country where you can find some of the cheapest housing, if anyone's interested. Use it to your advantage.
http://realtormag.realtor.org/daily-news/2011/12/27/where-can-you-find-cheapest-homes
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