I guess iniitally, the # of declining markets was 168 and increased to 187. And by declining it appears they specially define it as "not keeping up with inflation".
I don't know this website, housing alerts or ken wade (its apparent owner), but I thought it was an interesting statistic.
Unfortunately, if you go on the website then you immediately hear a sales pitch and the slides keep changing.
But this was the headline on the email I received.
Here is what the email said:
The list of declining markets just increased from 168 to 187. That means 46% of all U.S. markets failed to keep up with inflation last quarter.
While there are some really hot markets right now, there are an increasing number of dead and declining markets popping up like whack-a-moles all over the country.
You’ve got to see this real estate report.
(no email req’d – no strings attached)
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