The Stories Behind the Stats: November 2019
Where does today’s market fit in the “big picture”?
In the midst of a market that’s been a bit more challenging than most sellers would like, it can be helpful to pull back and get some perspective. The Housing Price Index (HPI) indicates the benchmark price over time for a “typical” home in an area. The larger the area, the less accurate the specific dollar values are as it includes all property types. However, this information is extremely helpful to assess the overall “big picture” about the market has been and where it might be going…
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