There has been a lot of talk about real estate values surpassing the 2006 record, but a lot of information is being left out. For instance, you hear little or no discussion about average days on market, inventory levels, pending sales, or if we are in a balanced market or a lopsided one.
Now I could go into great detail but I think the article written by Aubray Erhardt sums it up more effectively than I could. So if you are thinking about selling, or purchasing, or have general concerns or questions, I would highly recommend you read Erhardt’s article:
