Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where one home trades hands briskly while a similar property nearby languishes.
Source: Inman News
What’s a ‘tornado housing market?’ Hint: You might be in one right now
Published in Coldwell Banker Warburg, Douglas Elliman market report, Frederick Warburg Peters, GLOBL RED, inflation, Kofi Nartey, los angeles, luxury, luxury lens, luxury_lens, Markets & Economy, Mia Trudeau, miller samuel, mortgage rates, new york city, Select, Serhant., stock market, supply chain and The Beverly Hills Estates
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