market regression: Market Regression Hurts Seller !
- 07/03/18 06:03 AM
The "Highest and Best" of the neighborhood can weaken Seller's Net Equity due to "Market Regression". Among other reasons as well..... It happens, anywhere and who knew when they built this beauty back in 1995 when local market value was appreciationg at 6%+ per yr. I have always heard..dont purchase the highest price on the block for there would be no where to grow. Well, this 5100 sq ft beauty got kicked and beaten up by consumers while on market this season. It did sell, but due to Market Regression, the value was lost for the immediate neighborhood was loaded with (0 comments)