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Updated about 3 years ago,
How local are real estate markets?
How local are real estate markets? Basically, how similar is a market in one neighborhood versus a city in general versus nationally, etc.? If the national real estate market is a hot sellerr's market, how likely would it be, for example, that the Philadelphia market would be similar, or a neighborhood within Philly? This is just an example, but you can get the point.