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« Be Weary If You're A Loan Officer For A Subprime Lender | Main | Ignorance Is Bliss - But NOT When It Comes To A Mortgage »

March 31, 2007

Comments

Karim Tahawi

Great point about not getting trapped by the past.

There are other resources that capture concurrent and future market conditions very well. For example, Altos Research (http://www.altosresearch.com/) looks at all the current listings to report conditions like median values, inventory, and days on market. As for future conditions, the Chicago Mercantile Exchange futures can give you directional insight at a city level (although liquidity is still a challenge). Altos and the CME can, at a minimum, contextualize an individual house transaction and help people have a more complete picture of conditions.

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