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What is with the repetitive part of the graph that almost looks like a heartbeat? It looks like some kind of yearly cycle where around the holidays the prices
by cbanek 8y ago
What is with the repetitive part of the graph that almost looks like a heartbeat? It looks like some kind of yearly cycle where around the holidays the prices don't move so much (probably because everyone's on holiday). It is a bit higher than the last few peaks, but not by that much. I think people also have been raising their expectations of what they will get recently.
I have been watching Zillow price drops well for Tucson, where I've been looking to buy, and waiting for things to hopefully cool off.
- ac29 8y ago"Annual January troughs are due to more homes coming on the market after the first of the year"
- jackcosgrove 8y agoHelpful hint: Thanksgiving day is the best day of the year to buy a home (offer accepted) in the US, provided you like what's on offer. It's the slow season but there's less inventory.
- village-idiot 8y agoI always switched apartments in winter for that exact same reason.