Pi and the Constant Math of Home Pricing

Most of us are aware of what “Pi” is.  We learned about it in school, probably in junior high, and then we forget much more than it’s that number that goes on and on forever, with no end or solution. And we just know it as 3.14.  There’s certainly a lot more to it though.

For instance, it’s a “constant” ratio in circles. And, it’s an “irrational” number. They teach us that, too. Maybe that stuff stuck with you.  Maybe not.  For me, just knowing the 3.14 part was good enough to get through school. There’s no need now to think about it much beyond that. Pi probably isn’t going to affect you or me one way or another in life.

But then again, there is a rather “constant” and sometimes “irrational” number in real estate that does affect many people. And most people never learn about it in life…at least until they list their home for sale. Continue reading

Help with Foreclosure in Lancaster Pa, Foreclosures Rising

http://www.flickr.com/photos/jacob_ruff/3349494481/Welcome Back Readers.  Today we are touching on a timely topic for many.  Foreclosure.  Timely for many, as an article about it in today’s paper was titled “Record number losing homes”.  Ouch.  Record number. 

The article cites 2010 Lancaster County Pa Foreclosure filings as setting a new record at 1,334.  This is an increase over 2009 at 1,319.  But who really expected differently?  With the state of the economy, I look at those numbers and am surprised they aren’t higher.  That figure represents an increase of 1.21%. 

That’s the new record, up 1.21%.  If all we are going to do is talk statistics, that is nothing, an anomaly, barely worth a mention in the history books.  In the end, statistics, nameless, faceless statistics are what these numbers become when reported this way.  And therin lies the problem.  Read on after the jump to find out more. Continue reading