Interesting take on home values and how they are indexed from the Wall Street Journal’s Carl Bialik this week. As with any other research, there are caveats that make understanding the numbers a rather complicated task. The saying about “all real estate being local” holds validity, and hopefully the Internet is becoming a place where people can get a variety of opinions on matters like this. Bialik deserves credit for casting a shadow of doubt on the data we always seem to follow without question. At some of the higher price points, it is difficult to imagine large swings in value. A ski-in, ski-out resort home, for example, is the type of unique offering that is tough to compare.
Do some homes hold their value better than others? You bet.
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