Mike Kennedy
Elite Member
- Joined
- Sep 28, 2003
- Professional Status
- Certified Residential Appraiser
- State
- New York
In a 1 horse locale, the 1 horse is the local market which may also be part of a regional market. In a multi-horse locale, the most similar in the local herd are the local market which may also be part of a regional market. A product (or service) and the demonstrated desire and capacity to purchase the product (or service) defines a market.