Original article provided by Inman News, written by David Charron. View full story here: http://www.inman.com/news/2011/06/14/timely-local-real-estate-data-trumps-national-reports
Timely and accurate information, provided on a local level with a real-world perspective, is the real estate market’s most important commodity — and the ability of the public, government, financial institutions, investors and real estate professionals to make informed decisions on local housing markets is the cornerstone of an eventual housing recovery.
Isn’t it time we stop trying to drive by, looking in the rear-view mirror, and insist on seeing just the facts, clearly, as they unfold?
Considering the critical role that real estate statistics play in just about every housing-related decision, it is time for our industry to rally around better data. We owe it to ourselves, our clients and our profession to insist on timeliness and clarity while delving into the motivations and methodologies of every metric we disseminate.
Read the rest of David’s article here: http://www.inman.com/news/2011/06/14/timely-local-real-estate-data-trumps-national-reports