Listing Failure Rates Still Too High February 11, 2010
Posted by Joe Manausa on Thursday, February 11, 2010 at 11:53:50 PM
By Joe Manausa / February 11, 2010
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One of the most consistently amazing statistics that we have observed during this "housing market correction" is the relationship between the number of homes leaving the market after having failed to sell versus the number of homes entering the market. We refer to this as our home sales failure rate, and it currently sits at 77%!
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