Statistical analysis can be confusing – and even a little bit boring – and, if not done thoroughly, will not give you an accurate analysis of your market. This is turn can lead to making bad investment decisions.
Many thanks to our friends at John Burns Consulting for sharing their in-depth stats every month. I found this report especially interesting because John describes how they do their analysis (which makes me VERY glad I don’t do this for a living!) and why multiple factors must be considered.
In tough economic times it seems like housing affordability should be at an all-time low, therefore getting a favorable grade. But, as John explains, there are more factors to consider than just market prices.
Enjoy!
– Trevor
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