So, How’s the Market?Posted by Gloria Singer on
If there’s one question our Boca Raton real estate agency gets more frequently than any other in real estate, it’s “so, how’s the market?” Many real estate professionals will simply assure the questioner that it’s great or incredibly busy, but that really is doing the person asking a disservice. In reality, there is truly not a succinct answer. As I touched upon last month, our local area is actually more of a dual market. As is true in most markets, the higher up the price ladder, the more lengthy the time on market will be.
In addition to neighborhood and price, there are several other factors that must be considered to accurately determine market condition. The good news is that real estate cycles are long, slow and predictive, and studying…
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