Real estate blog entries tagged with market condition by Kiran & Kiran (Call Realty, Inc.)

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Home : Blogs : Kiran & Kiran : Kiran & Kiran's Blog : Tag "market condition"

market condition: How is our Real Estate Market – track it with the Absorption rate. - 08/03/07 06:43 PM

Authored by Kiran & Kiran, Call Realtyhttp://www.homesandloansphx.com/ 602-550-4842
In today's article, I want to cover the meaning of ABSORPTION rate. This is one of the plethora of indicators available to gauge the health of the real estate market - especially the local market.
What is ABSORPTION RATE? Number of available homes available for sale / Number of homes sold in the previous month.
It is a ...
correlation between supply and demandrepresentation of the number of months it might take, at that same market pace, to sell the entire inventory of homesflexible metric that can be used for a zip code OR a particular area codeExample:
Chandler, … (0 comments)

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Kiran & Kiran

Laveen, AZ

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Call Realty, Inc.

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