“Could the “ask the realtor” test be superior to any model?”
Using RAND() in Excel would be superior to asking a realtor. 🙂 J/K (no truth in this joke, mostly anyway… I’m too much of a newbie to be making jokes, aren’t I) Realtors specialize in making commissions more than they specialize in following the market, so their answers tend to be rather biased. I’ve had short email exchanges w/ some agents in the area. One of them was “But San Diego is a very attractive place to live, so prices will stay high.” I told her that frequent piggington.com and she never replied back.
