Problems With Home Building Statistics And Reports

I was reading an article a few weeks ago, that had a lot of information about things that might not be true. I know that newspapers, magazines and even large Internet websites, make lots of money using attention grabbing article titles, but often seemed to give readers a false illusion about what's really going on in the home building industry.

It seemed like most of the numbers in this article, were extremely misleading. They were talking about houses that started to lose their value as early as 2005. I am sure that their research is correct in some parts of the country, but where I live, prices were going through the roof for at least another two years.

This article also suggested that 3% of all single-family dwellings were unoccupied throughout the country. Again, where I live, this doesn't seem to apply. Again, I don't want to suggest that the author of this particular article is incorrect, but it seems to create a illusion to some of the readers, that things are worse than they actually are.

Stuff like this sells newspapers, gets people to click through news driven websites and often creates a fear-based mentality for its readers. These things also get twisted around as more of the article readers start to spread gossip and add their own misguided information.

I don't know how many reports or home building statistics I have examined in the past or how many I am going to be looking at in the future, but I can tell you one thing for sure. I'm not going to get caught up in the hype, instead I'm going to search for the facts and I recommend that you do the same.