Word: FOMO
It started happening early last year, clients would say, “I have to buy soon. Prices are going up and I won’t be able to…
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Word: Absorption rate
A market’s absorption rate is one way to figure out whether a certain area is behaving for the benefit of the buyer or the…
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Word: mortgage
About mortgages, my friend Colin likes to say that mort is French for death and gage sounds like gauge, a measuring device. That means…
Read More Word: the move-up market
Move-up buyers are those leaving their starter homes, moving into their “married with children” homes. The move-up market will be impacted in 2017 as…
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