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Stats Are Like Butts, They’re Behind

All reports about equity are from statistics reported through the first 5 months. They state that the average homeowner has gained $14,700 and that the average homeowner has $113,900 to draw/finance. The current market is saying that it’s too late! We are now on a 3rd straight month of declines in existing home sales and for the first time a decline in new home starts. Average market times have increased too. The best strategy for Mr/Mrs Seller? Ask less to get more…to get ahead instead of behind.
Craig Fallico 7/20/18

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