The latest NWMLS press release came out a week and a half ago so we’re a little late, but hey, somebody’s got to sell something.
Anyway, in case you missed you it, it’s here. I’m sure next month’s will be close to the same as this month’s and the previous. However, here are a couple quick thoughts.
- Inventory is still an issue, or the lack thereof.
- We’ve seen a reset in pricing already occur, but there may be a bit more to go. Maybe 5%? This is straight conjecture on my part.
- Make sure your product is dialed-in.
- Make sure your pricing is beyond dialed-in. A 15% margin is better than 10%.