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This Is The Line That Explains The HIDDEN HOUSING CRASH
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The US is home to over 50 metropolitan areas with a population of over 1,000,000. In each of these areas, you will find a unique housing market that operates independently in comparison to the rest of the country. These unique markets are influenced by mostly local catalysts which create individual demand and supply situations. This is why when you watch your next real estate video on YouTube you may want to think about the way the information is being presented. Each market throughout the country is a special entity, some of which share almost no behavioral similarities to the price action that we see on the national level. What I mean by this, is this. When I show a chart like the national Case-Shiller and zoom in on today's trends which seem to indicate that prices are spiking up, that doesn't necessarily mean that your particular market is behaving this way.
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Mike Simmonsen (Inventory charts)
EPB Research (Chart City Comparison)
Get the best real estate deals first, before they hit the mass market!
My Twitter
Mike Simmonsen (Inventory charts)
EPB Research (Chart City Comparison)
Get the best real estate deals first, before they hit the mass market!
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