Why Real Estate Data Is Granular And Not Mosaic, Or One More Reason To Stop Reading Real Estate Headlines

These photos represent six neighborhoods in America and their respective real estate markets. They are six very different neighborhoods with six very different feels, each with its own character and flavor. Some have dogs, some are blue, some are smiling -- some are young, some are old, some are blurry. Now, look at the photo below. This photo represents the national real estate market. If you look carefully, you'll find the six "neighborhoods" mixed in. One is in the cheek,...