Hey, Tom… How is the Market?

Posted on December 5, 2008

I get asked this question a lot. Rather than rely for my answer on gut feel alone, I like to continually understand what is really going. There is a nifty tool for that; the sales ratio. That sounds mathy, but the math couldn’t be easier. Sales Ratio is Pending Sales divided by Active Listings. No matter what market you are... Read More »