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Re: Alexxdj1 post# 114111

Saturday, 02/10/2018 6:56:07 PM

Saturday, February 10, 2018 6:56:07 PM

Post# of 226099
I'm just referring to everyone using this analogy when it comes to the contract. The contract is immediately known by the market when a house is sold. As you well know. Regardless of if that's new construction or an existing home, the contract is updated in the system immediately so people know. That's clearly not happening here, so it's not a good comparison. Only point I'm trying to make, since I've seen this comparison multiple times now.

We can twist whatever we want to try to fit this situation, but I'm just speaking about contracts. And yes, where I am...houses generally close in about 30 days. But my market is insane. New construction is obviously not what I'm referring to.