Large Price Disconnects In REITs From Misapplied Perspective
I recently bought a home and anytime I interact with fellow real estate professionals, I like to collect their thoughts. So, I asked my realtor how the housing market was, and her response surprised me. She said it was terrible, with business down substantially in each of the last two years. I had recently sold a house for a substantial gain, so I would have described the housing market as strong. Neither of us was wrong. It was just a difference of perspective. As a homeowner, I observed home prices surgin ...