In real estate, reports abound. But, all reports are not created equally. Take time to find the source of data and how it is interpreted. Just because a claim is made in a report does not mean that it is accurate. It may not be completely untrue, but could skew reality a bit. This matters because it impacts both buyers and sellers. Buyers pricing too high and sellers looking elsewhere.

Austin Walsh’s articleSan Carlos home of most competitive market?” in the Daily Journal provides an example of this. It covers a report claimed that a neighborhood in San Carlos is the most difficult for buyers.

The report was disputed by a realtor who specializes in the featured neighborhood. He dug into the source material that the report was based on and said, “It is really fuzzy data.”

While this report highlighted a specific neighborhood, it reminds us of the importance of understanding sources—especially when considering buying or selling real estate. Whether it’s a report about market trends or an inspection, remember to take time to read carefully, ask questions, and seek input from trusted experts.

More Helpful Articles

Back-to-School in the Bay Area!

Back-to-School in the Bay Area!

As summer winds down and the school year approaches, the Bay Area becomes a bustling hub for back-to-school shopping and other activities. That makes this season a great time to give back to the community. The Bay Area is full of organizations dedicated to ensuring...

read more
Celebrate the Bay Area with Local Festivals!

Celebrate the Bay Area with Local Festivals!

Celebrate the Bay this weekend! The Bay Area is well known for its diverse and vibrant blend of culture and history, highlighted by local festivals held year round. These festivals offer fun and engaging ways to better connect with the city’s heritage and community...

read more
Watch our Bay Area Olympians!

Watch our Bay Area Olympians!

The 2024 Paris Olympics is the most diverse to date, as it showcases athletic talent from across the globe. Of the 600 athletes representing the United States in the competition, over 140 hail from California, many with ties to the Bay Area. Known for our vibrant...

read more