Originally posted by James Hamling:
"market vectoring" is a term to define market direction and velocity.
And yes, I know, I have heard it many times "no one can predict that with a formula and accuracy".... well guess what, I can, do, and have within a margin of error of less than 3%. And yes, repeatedly, in varying areas, varying home types. So far only SFH.
My stupidest move was to show it and test it on some associates properties..... now I get e-mails all day long to run a property, two, three, ten......
hi James Hamling,
just wonderg... did u mean u cud accurately asses home value for a property or for a neighborhood (or greater area) or both within a 3% margin of error? or did u mean u cud predict when the market will correct for any given area and at what % of price/value?
I can't see how it cud b the latter question...right?
however, if u strictly mean trending for a specific market/area, that's nothing new there.. unless I'm misunderstandg ur statement/claim...
wud appreciate any clarification/enlightenment if u can... thx!