August 18, 2013

Around the Web: Useless Realty-Related Infographics

Maybe by 2014 everyone will be sick of these ubiquitous infographics, but for now they’re everywhere.  And not everyone is improved by the addition of spurious graphics. Realtards aren’t the only ones out there giving out self-serving information while suggesting they’re helping you.  Homebuilders also play many of the same games we know and love.  Here’s a fun infographic, if by “fun” we really mean “see how much fun you can have spotting all the misleading information in one image.”

Not only is “Myth One” a real hoot in the Bay Area (let alone the Real Bay Area), it isn’t even true without all the special pleading for tax exemptions and future streams of payments and other sneaky accounting tricks.  Remember, Richard Florida pointed out that in Opposite of the Real Bay Area, it’s actually cheaper to buy than rent, as in monthly payments there are lower than monthly rents.  Why?  Because everyone who wants a house has bought one, so there are few potential customers.  In the RBA, lots of people want to buy but can’t afford to, so prices stay high as they save up until they can.

We don’t even want to mention that unlike the Bay Area, there are many places in the US where it’s very difficult to rent a typical single family house, so comparative rent vs buy is almost impossible. Perhaps more people would rent if they could get a house instead of an apartment.

What’s your situation? Do you live in a SFH, a townhouse, or an apartment? Do you own or rent? What do you think if this silly poster?

Oh yes, NOW IS THE TIME TO BUY! NOW! NOW! NOW!

Comments (6) -- Posted by: madhaus @ 7:04 am






June 10, 2012

Round Up the Usual Suspects

Sometimes a real estate website will ask us to pass along some content they think might be of general interest.  Have a look at this “analysis” of home buyers from Movoto.

120609-breakdown-single-female-subtypes

The Usual Suspects: Breakdown of American Home Buyers

Who is the typical home buyer? The answer isn’t surprising. According to National Association of Realtors, the largest category home buyers are married couples. After this it’s single females, single males, and unmarried couples.

But that doesn’t mean each group looks for the same thing. Below are the four largest groups of home buyers. How do you compare?

120609-breakdown-nar-reportThe infographic itself (the above image is just one item from it) appears in the Movoto blog entry before the introductory paragraphs we quoted above. That’s a pity.  In the graphic, we don’t learn until the very bottom that the information it’s based on comes from those brilliant housing geniuses from the National Association of Realtards.  NAR is the wellspring of unbiased, spin-free information from professional real estate agents who have your best interests as their number one priority, that is if by “your best interests” I actually mean “their maximum profit.”

See the full infographic when you click on through, plus a few more comments from us.  But there’s more inside that NAR report than what Movoto offered, so perhaps we’ll be cherry-picking our own observations from this “study” at some point.  And of course, we welcome your observations.  Catch you on the other side.

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Comments (13) -- Posted by: madhaus @ 5:14 am