Why I don't necessarily rely on MLS statistics

The Nunes Memo has been released, but I'll leave it to others to discus its contents. I will note that it's disheartening to see the utter indifference of the Left to charges that top FBI officials interfered with our election. Of course, we already knew that they have no objection to using the IRS to target enemies of the state, so their response now is hardly surprising, but we are ever closer to a dictatorship with each passing year. (Note to reader "Masterhedge": your comment was supposed to be approved, but when I clicked that button, the comment vanished into thin air. Don't know what happened, because it doesn't even show up in the "deleted" folder. resubmit, if you wish, and I'll try again.)

 23 Frontier Road

23 Frontier Road

But what the hell, let's talk about less significant matters, like real estate and the Greenwich Association of Realtors' methodology used to calculate things like days on market and prices. Take, for instance, the price reduction today of 23 Frontier Road, marked down from $1.895 to $1.760. That's shown as a 7% reduction, and certainly the math's right, but it doesn't reflect the actual 22% drop from its 2016 initial asking price of $2.250 million. You can't really fault the GAR for its 7% number, because there was a short-term rental in 2017 that kept the house off the market for six months, until February, 2018, and there's no easy, automatic way to track back to that 2016-2017 listing, but if I want an accurate view of how the market's performing, I'll do the calculation myself, thank you very much.