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  • Statistics don't tell the true story

    There’s a high level of chat and just as many opinions as to what the current state of the real estate market is. Has it hit bottom yet, is it going to get worse, have things turned around, where are prices going from here, what about new construction, when should I sell, when should I buy and more. Every report seems to contradict the ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on January 30, 2007
  • Median price vs Average price

    With the media spotlight on housing prices across the country, I noticed the usage of median price used much more extensively than average price and wondered about the distortion that could be created. What is important to remember is that median price is the middle of all the numbers while average adds up all of the numbers and then divides by ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on November 28, 2006