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❓️A common question every agent receives is "How's the market?" To have an educated answer, here are some monthly stats you should be looking at: Weeks of Inventory: This is a measure of how long it would hypothetically take to sell through all available homes currently for sale, given current levels of home sales. A…
This is the number one question most agents get asked. How do you answer this when you are new to the industry? Research! Here's some market research on how the US real estate market is currently doing: Shifting Market Dynamics: The frenzied pace of the market seen in recent years is cooling off. Homes are staying on the…
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