The Cromford Report doesn’t sell stats. Instead, the company — which tracks the Valley’s residential resale market — sells confidence, said Tina Tamboer, senior housing analyst with The Cromford Report.
Why is that important? It gives Realtors and residents a guide of what the Phoenix housing market is doing and where it’s headed, Tamboer said.
Accurate data in the housing industry is paramount. Bad information can send people into a frenzy over wrong numbers. In January, a New York Post article reported Goldman Sachs forecast “a 2008-level housing crash” in Phoenix.
