Not all markets fluctuated equally. California's bubble was not indicative of the conditions here in Tulsa. That's a big reason national statistics don't represent (all) local markets.
” That’s a big reason national statistics don’t represent (all) local markets “
Conversely, just because houses in your neighborhood are selling like hotcakes, it’s not indicative of national recovery....
Nor here. Prices in my neighbor hood barely fell and have actually continued to rise after the initial debacle.
The time on market rose somewhat but prices did not fall.