Markets are ever changing and that is no different for real estate. Though there is the broader real estate market the localized markets within it have their own character too. Keeping a gauge on both is key to knowing when to shift.
What worked for the past five years may not work anymore. Think about anyone that was buying Bank REO’s (bank owned foreclosures) from 2011-2016 – those layups are gone. There isn’t more supply than demand anymore and banks are listing these near fair market value.
That is a very specific example of when an adjustment needs to be made, some
How to Track the Real Estate Market and Shift if Needed
May 31, 2019
Published by timm
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