News reports mean little to nothing. Why? Because each report is measuring a different segment of the market and one could be up and the other down yet the report is for just an up or down market.
For example a real estate news report could talk about number of homes sold, number of homes listed, rentals vs. condo’s vs. new build permits vs. new homes sold. In my market I recently looked at three different reports all with different conclusions. Learning real estate investing is the key.
The market that is perceived is never the market that is.
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