October 9, 2024

Understanding Key Real Estate Metrics: Navigating a Shifting Market with Informed Decisions

As a real estate professional, it is important to understand the correlation between various metrics in the market to help buyers and sellers make informed decisions. Starting with the Months Supply of Inventory, which is currently at 8.49, this indicates the number of months it would take to sell all available homes on the market if no new listings were added. A lower supply typically indicates a...

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