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Tom O’Grady quoted in DS News: High Sold-to-List Price Ratio Confirms Bidding War Activity

DS News has quoted CEO Tom O’Grady their latest article on the effects of a high sold-to-list price ratio on the housing market.

“[I]n reality the shortage of housing inventory has led buyers to bid more competitively against one another leading to significant home price increases and tighter housing conditions. Aside from anecdotal stories, Home Value Forecast shows that one of the most reliable leading indicators to support this theory is the Sold-To-List Price ratio.”

Click here to read the full article or click here to read our full Home Value Forecast Update.