Buyers getting buried in real estate data

Updated On 08/22/08 at 11:46AM

The variety of housing and mortgage reports released from industry groups can be overwhelming for some buyers and sellers. Experts say the information should only be used as a guide, not a reason to sell, buy or refinance a home. Various reports cover different markets, so numbers can vary, and experts say the key to understanding them is knowing their limits and the time period they reflect.