this week’s poll

With the real estate market showing signs of recovery, are you more likely to put your house on the market in 2013 than in 2012?

Posted 2/3/13

Recent data has shown that the housing market, both locally and nationally, is improving, with prices going up and inventory declining, leading many to believe that we have seen the bottom of the boom and bust that played such a large role in the Great Recession.

Many homeowners have avoided listing their homes in the last few years, waiting for the market to recover. Are the signs of improvement enough for you to make it more likely that you will try to sell you house in the coming year than last year?

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This potentially interesting question is flawed because, given its wording, it is flawed, the answer being determined by the previously determined fact of whether we placed our house on the market in 2012 (if we did, then we should answer "no"; if we didn't, we should answer "yes"), which tells us a lot about how we felt in 2012, but nothing about how we feel in 2013 or going forward. I suggest the question should have been:

With the real estate market showing signs of recovery, are you ready to put your house on the market in 2013? A--Yes, market conditions are adequate this year; B--No, market conditions may improve so that I would place my house on the market in 2014 or later; C--I have no intention to place my house on the market regardless of market conditions.

Friday, February 8, 2013 | Report this
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