WSJ-NYT-CNN flaws exposed by Noah @ UD

Of course, Noah's point makes it worse for Steve.

"Generally speaking, in local housing markets we should compare any one given period to the same period one year prior to filter out noise from seasonality."

Studios are flat, and one bedrooms are down 7% since Q409, (and 2s down a bit) which were down 11%, 8%, and 23% down Q409 over Q408.

Meaning Steve's claims that the market was going up are wrong for yet another year.

Oh, and its bad for Steve with volume, too.

"The number of completed sales fell to 2,295 from 2,473 in the fourth quarter of 2009, New York appraiser Miller Samuel Inc. and broker Prudential Douglas Elliman Real Estate said today."

So much for that "stampede" Steve has called for.

Oh, and its bad for Steve with volume, too.

"The number of completed sales fell to 2,295 from 2,473 in the fourth quarter of 2009, New York appraiser Miller Samuel Inc. and broker Prudential Douglas Elliman Real Estate said today."

So much for that "stampede" Steve has called for.

somewhereelse's significan other..."sweetie did u take your meds today?" "I thought so." "You know how you get." "Please make it a priority." "I can't keep replacing keyboards."

swe you're missing the point hon.

On volume . . . in 2009, there were 7,430 sales. In 2010, there were 10,060 sales. Not sure I'd rely too much on the quarterly numbers in this instance given that 2009 sales were backloaded to a huge degree.

Why doesn't anyone report on YOY median price per square foot?

I would only trust median price per sft for condos only...sft as a whole is a very incomplete and inflated datafield; condos is the exception usually..(just have to deal with false condo size in listings and those condos that include common elements in int sft)

why for condos only? would the same not apply to co ops?

coop sft is NOT documented anywhere..condos list int sq ft in the offering plan for each unit. Its documented and verifiable. Coops do not. There is no official document which means the size of coops are estimated by the broker/seller..In most cases, coop size is simply left out to avoid mis representing and potential liability. But some agents and sites find ways to carry over stated size. SE for example, if there are 2 records of a unit and the recent listing does NOT list size, it will carry over from old listing. Most of our housing stock is coop. Which means, the data for coop size is a) incomplete and b) usually inflated when it is stated..if this data gets into the price per sft price charts, it poisons the measure! junk in, junk out. So, I say do it for condos only where the size is stated in offering plan and usually NOT inflated in the listing - as the seller broker would look fairly stupid if they lied about something that is clearly displayed in offering plan

> somewhereelse's significan other..."sweetie did u take your meds today?" "I thought so." "You know
> how you get." "Please make it a priority." "I can't keep replacing keyboards."

Oh steve, puppy, how you project. I made tons from calling it right, you've lost a bundle.

You keep freaking out and resorting to insults.

You going to call me a c*nt again?

> swe you're missing the point hon.

Nope, you're missing the point. You called it wrong. You can scream about how Noah or the WSJ or anyone else isn't credible, but the truth is, you are still wrong.

Quick, insult me again!