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The Lenfesty Report March 2019
(March 29, 2019)
How’s the Market?
After several years in a “Seller’s Market” we are now just entering a new phase, a “Buyer’s Market”.
For those in the industry, the definitions of these terms is quite specific: if the ratio of sales to total-listings-available is above 20%, it’s a Seller’s Market. If that ratio falls below 12%, we are in Buyer’s Market territory.
For all property types, the sales-to-active-listings... read more.
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