Stop using 2021 sales as a benchmark for home sales
The pandemic years, especially 2021, were a strange aberration where everyone moved, house prices skyrocketed, and nearly every real estate business posted record revenues. Why it matters: 2022 is constantly being compared to 2021, which was anything but normal, and year-over-year comparisons are painting a deeply negative picture. Dig deeper: Assuming a fairly conservative 5.15 million existing home […]