My last post described sales in (area 17) Greater Uptown for the 1st quarter. Steve Brown reported sales for the same period on Friday although his number and mine didn't jive. Hmm I wonder why?
Let me tell you why, Steve Brown has fallen asleep again and started reporting only Single Family Home data. Well guess what, that doesn't work in this area. Single Family homes make up less than 10% of the supply, Condominiums and Townhomes make up the rest. So his data is basically worthless (well it has 10% value).
So why does he keep doing it? I don't know I confronted him about 3 years ago and he said he should break it out and he did off and on for a while. Well he needs to get back to it. Otherwise the only way to get the real info is to read this blog.
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