On August 21, 2018, John Parsiani was featured on the article "Seven Signs Your Local Real Estate Marketing Is Starting To Heat Up" which details how to understand the Local Market with some information before hand.
"I always look at the sold units versus new listings ratio. As soon as the trend goes toward an increase in units being sold and/or decrease in new units coming on the market, I know the market is heating up. This is one of the best early indicators and crucial signs of a local market taking off. It's the good old proven law of supply and demand." - John Reza Parsiani, Cervera Real Estate
See the full article here: https://www.forbes.com/sites/forbesrealestatecouncil/2018/08/21/seven-signs-your-local-real-estate-marketing-is-starting-to-heat-up/#7d28fee53d1c