One in every seven homes for sale is in Florida. That sounds like a major housing-market story. But does it matter if you are buying or selling in North Idaho, Western Washington, or anywhere else? Not nearly as much as people think. In this episode, we break down why national housing headlines can be misleading, how dramatically real estate conditions can change from one market to another, and why even statewide numbers may not reflect what is happening in your city, neighborhood, property type, or price range. We also compare the latest numbers from Snohomish County, Washington, and Kootenai County, Idaho. In one market, inventory increased and prices declined. In the other, inventory dropped while prices and closed sales increased. Same country. Completely different real estate markets. Before a national headline convinces you that it is a great or terrible time to buy or sell, find out what is actually happening in your local market.
Why National Housing News Is Mostly Useless To You