A: IT DEPENDS ON WHAT YOU WANT TO HEAR.
It’s that time again. All the responsible communicators of our industry analyze the “quarterly reports”, and educate the consumer about where things are……supposedly. The problem is that none of them reflect the same parameters of information.
CORE is the first company that started a Realtime Report that reflects CONTRACT SIGNED data, and not CLOSED SALES data. Simply, this means we reflect data from a specific time in the market when deals are being consummated, not data from a broad time period from months (or years) ago on negotiated deals that happen to close in the same period. This is why we see a lot of data that trails the market by as much as a year or more, and remains inconsistent to what brokers, buyers, and sellers are experiencing in Real Time!
Here’s this past Quarter’s Realtime Report.