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Home price data has flaws

Sure it's easy for me to want to hear good news about the housing market.  However with all the bad news it certainly is nice to hear some good news.  It's alos just plain nice to hear balanced news and this article shows how some numbers have gotten skewed and may be painting a bleaker picture of the housing market than really exists.  Out own little micro-market of Alameda certainly is not perfect but it is far from in crisis.

http://www.marketwatch.com/news/story/home-price-numbers-have-few-holes/story.aspx?guid=%7BA8A4586B%2D0F49%2D45F9%2D980E%2DA74C53A15CEC%7D&dist=msr_10

Published Monday, May 19, 2008 12:47 PM by Philip Kaake

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