Greetings. On a recent podcast, Steve discussed the comparison of the number of properties on the market in an area, such as zip code, or even the entire county, to the number of sales in the same area. He didn’t specify the time period for sales, so I assume that six months would make sense. Is the recommendation to look for at lease a one to one ratio of sales in six months to current listings? Sure, there are other indicators of desirability, but this seems like a good first filtering step. Thanks.
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