What does Comparative market analysis mean?

A comparative market analysis, also known as a CMA, is a report that compares the value of a property to similar properties in the same market. A CMA is typically conducted by a real estate agent or broker and is used to help determine the value of a property.

Related Terms

Duplex Liquid Assets Acceleration Clause Payment Cap Passive Loss Non-Assumption Clause Credit Card Discounts Victorian Style Utilities Availability (In a Lease) Building Line Or Setback Urban Sprawl Usury Foreclosure Escrow Company Knob-And-Tube Wiring Investment Property Homeowners' Warranty Tenancy By The Entirety