In reviewing comments by readers of
yesterday's Mize story in The Oklahoman in which I was quoted (see the article link above and scroll to the bottom for comments), it seems that a first quarter decline of 12% from the recent record rate of sales is of more importance to some than the fact that home values are still seeing positive gains of 3.5% in the Oklahoma City real estate market.
My comments also exposed some unknown-to-me dislike from Mark Shannon, as he shared on his show on KTOK yesterday. So be it, I guess I'll join the club.
But I ask:
At the end of any given business day, why is it that investors pay attention to whether the stock market went up or down, rather than how many people bought or sold stocks that day, but it's the other way around in these people's minds when it comes to home values?
