Las Vegas Real Estate - Archives December, 2009

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Home : Blogs : Chris Shouse, Realtor® Las Vegas : Las Vegas Real Estate : Archives December, 2009

Absorption Rate? What is this about? - 12/07/09 11:20 AM

If you have ever wondered about how ABSORPTION rates were figured this is a great analogy done by a colleague.
Via Lane Bailey - REALTOR & Car Guy (Diamond Dwellings Realty):
There are some terms that we toss around in the real estate industry as if people knew what we were talking about... Absorption Rate is one of those terms.
It isn't complicated, but if you are unfamiliar with the term, if can be confusing. And unlike "Bacon Double Cheeseburger", it isn't really self explanatory.
What is Absorption Rate?
There are a couple of components to Absorption Rates.
Inventory Level Sales Pace over a … (0 comments)

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Chris Shouse, Realtor® Las Vegas

Las Vegas, NV

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Xtreme Realty

Address: Las Vegas, Nv, 89134

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