If you read the headline that shouted, November new home sales sink 11 percent, without knowing your local market, you could easily believe it was aimed at you. On one hand, it certainly could apply to your area but, on the other hand, it certainly may not. By now, you probably understand the simple real estate fact that markets vary a great deal by region. Hence, what is true here is not true there.
This naturally brings me to state the obvious. Performance of the national housing market is much less important than the dynamics of your local market. Yes, the markets are related but the facts show sales and pricing trends vary a great deal from one area to the next. You have to be a mental midget not to realize this trend will continue ad infinitum unless the government nationalizes the real estate industry.
Some Good Advice
Right off the bat, […]
Original post by Tom Koziol and software by Elliott Back
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