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The State of the Market

The State of the Market

During the third quarter, the absorption rate has decreased from 76 to 72 percent. This decline is mirrored by a 38 percent decrease in listings from 2021 to 2023, which has also led to a 48 percent drop in transactions. These statistics raise an important question:...

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MAKING THE RIGHT MOVE AT THE RIGHT TIME

MAKING THE RIGHT MOVE AT THE RIGHT TIME

Like many things in life, one can say the real estate market is “only temporary.” What goes up comes down, and what has gone down, has gone up. Like the stock market, real estate is not a get rich quick endeavor. It’s a marathon, not a sprint. The main difference...

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