This chart explains the residential real estate cycle very well. You want to sell when the market is in 'euphoria' and buy when its in 'depression'.
Right now, I'd say we're between 'despondency' and 'hope'.
[where: 75230]
Come on in . . . . . I'm now retired from the real estate business. But you may find some of these articles are still very useful.
This chart explains the residential real estate cycle very well. You want to sell when the market is in 'euphoria' and buy when its in 'depression'.
Right now, I'd say we're between 'despondency' and 'hope'.
[where: 75230]
Labels: buyers, Dallas, real estate, sellers, statistics
1 comment:
Great chart! And I agree with your assessment of where we are in the market.
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