that 20 year experience is valued. given that. tell us about how things are different now vs. 1990 and how things are the same.
one big difference I see is how did we get to historic high in inventory in 2 years (top of market being in 2004) this time around yet last time it took 5 years to get to the last inventory peak in 1995.
as an appraiser, how is the heavy discount new home builders are offering affecting the resale SFR?