New Market Vocabulary
At the recent NATIONAL ASSOCIATION OF REALTORS- Expo & Conference in New Orleans, it was evident that market forces are changing real estate’s vocabulary. At the moment, the country’s real estate market is divided into five sectors:
Regions that never participated in the housing boom.
Regions or markets that did not participate in the boom, but grew all the same.
Regions that shared slightly in the boom.
Regions that experienced the boom but moderately.
Regions where homes experienced red-hot acceleration.
Further evidence of real estate’s evolving lexicon can be found on this rundown on what’s in and what’s out:
Monthly Payment Monthly Investment
Lot Hold Homesite Research
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