Quote:
Originally Posted by dewilson58
Marketing.
Increase the price 20% over last year, then show a 5% reduction........that's not a sales price drop.
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Yes, this is a common pratice in retail. However, it's not the case in the real estate market. Just look at the data. The 2nd and 3rd quarter of 2022 was the height of the market. Average selling price was upper $380-400k. For 2023, it's $365-$385k.