Forum

Headline screams bad news:  Region home sales drop sharply

Yet this is the cut and paste quote from that article right now as I type:

“Average home prices rose 3.7 percent, from $138,907 last year to $151,556 last month, according to RealSTATs.”

I’m missing something in the math on that?  Later another quote is that regional prices for new home construction experienced “a 13.3 percent increase in the median price of a new home to $275,000.”

Given that national real estate markets are extremely anemic most everywhere… I would say this is one of the bigger economic stories for the region.  Not sure most readers will realize that, but those numbers are quite a story.

and I saw this yesterday, but for some reason thought it was really from something that came out previously.. I guess it is new.  See:  Region Economy Gets High Rating

and just to follow those stories… quite a coincidence, but:   Google delays site selection for project.  Who knows what that means for the handicapping.

Read original blog post