I thought about this again.
It is a trick question.
I think he is just illustrating why jack hershey and other snake oil salesman can get away with crazy claims.
first we would have to determine what is up. How is it defined.
then the historical studies are limited by the sample size.
so nothing could be all that high percentage a call.
But, there are some good ratios out there - such as for sale vs sold adjusted seasonally
The reason for this thread is that I have developed an indicator that I will only market here on ET. That indicator will be on sale and we wanted to know what a good asking price will be. The indicator is 99% reliable.
The reason for this thread is that I have developed an indicator that I will only market here on ET. That indicator will be on sale and we wanted to know what a good asking price will be. The indicator is 99% reliable.
Everything always goes back to its historical averages. Real Estate has always been a way to profit by leveraging inflation, with the average rate of increase being a few percentage points per year, which can add up if you put 20% down.