Real Estate Market Correction

Definition

A euphemism for 'property prices are dropping like a rock and everyone's panicking,' used by realtors when they need to sound optimistic about disaster.

Example Usage

The market correction has presented an amazing opportunity to buy at lower prices—said no realtor ever while crying.

Source: Real estate industry terminology

Related Terms

Beginner

fannie mae

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Intermediate

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Advanced

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An even more secretive version of a pocket listing, shared only with a select few high-net-worth clients. It's so exclusive that talking about it too loudly could violate the whole point.

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Intermediate

Comp Analysis

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beanbag chair

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🏠 Real Estate

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