The guy who revolutionized baseball stats had a simple insight: past performance is a good indicator of future performance.
So what would it look like if we applied this theory to the Boston real estate market, for you Bill James followers here’s January 2010 and 2011 sales stats:
January 2010 number of Boston condo sales – 286
January 2011 number of Boston condo sales – 157
Hmm…it just occured to me that this guy (Bill James) never sold any Boston condos in his lifetime. And what does baseball and Boston real estate have in common? Nothing.
Boston real estate brokers/agents, we’re going to have a great year.