Stepping on the real estate scale (at the right time of day)

Stepping on the real estate scale (at the right time of day)

August 15, 2016 By Ryan Lundquist

Is the market really softening?  Are Prices going down? Is it declining?

A Scale Analogy: Imagine being on a diet and stepping on a scale in the morning before breakfast and then again at night after eating all day. What would happen? Well, it’s going to look like you gained some weight during the day because the body is light and empty in the morning and naturally heavier at night after a day of eating. Unless you want to punish yourself with thoughts of weight gain, the key for using a scale would be to weigh yourself every day around the same time so you are comparing the same context each day. Otherwise when comparing one context (morning) with a different context (night), it might look like you gained weight when you might have actually lost some.


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