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Podcast: The Real Estate Espresso Podcast
Episode: What Happened To Home Sales?
Description: Mainstream headlines are saying, “home sales have slowed.” And on the surface, that’s true. January’s existing-home sales number came in down 8.4% from December, to a seasonally adjusted annual rate of about 3.91 million units, according to the National Association of Realtors. But here’s the question I want to explore today. Did demand actually slow, or did unusually cold January weather interfere with the mechanics of completing transactions in a way that makes the data look worse than the underlying reality?Now before you leave, today’s podcast episode was an experiment. The podcast sounded like...