Real estate sales data lags months behind actual transactions. Altos Research focuses on live signals instead: asking prices, active inventory, and price reductions show what's happening now, not what closed in September.
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Yeah. Traditional real estate data is released monthly. And if you're thinking about sales data, it's it might be several months old by the time it gets to you. And so, you know, houses on the market now in September gets an offer in October. It closes.
In November.
Or December, and you start hearing about that in December or January. Right. But I can tell you right now what's going on. And that's actually why at Altos, we focus on the active market.
We focus on the asking prices and the active inventory and which ones are doing price reductions.
Because there is so much signal in that. And, you know, your buyers and sellers.