my rural NH town has 13 listings. 3 of these are for land, 1 is for a house that hasn't been built yet. 9 houses for sale in a town of 2,600 households 0.3% of inventory available can't find hard stats on what "normal" is, but I think this is way below normal https://twitter.com/DavidSchawel/status/1358805434749095938 …
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1) Information failure - I've only a vague sense that my house's market value has increased, there isn't a precise, real-time stock ticker for particular houses 2) Segmented market - Marginal New Engladers are not the ones sitting on luxury properties that draw big city emigres.
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