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Understanding Real Estate Trends
Your home’s value depends a lot on its location, size, condition, and amenities – factors you can control. But it also depends on market conditions you have no control over including the average number of homes listed and sold per month, average days on market, percentage of distressed properties for sale, and interest rate fluctuations.
Real estate agents monitor these performance indicators regularly and use them intuitively when developing price opinions for their clients. Learn what the important stats are and how they are used by skillful agents to develop an effective pricing strategy to get your home sold quickly and for the best price in the current market.
Download this helpful guide to identify the 8 critical market trends to monitor when you’re thinking of selling your home.