Do you know the numbers?

A good friend once told me there are two types of investors. Those that trust what people are telling them and make decisions off their knowledge and advice, and those that learn about what they are investing in and do the research themselves. I have found that while most people start out as the first type of investor. The serious investors usually are a mix of the two types. They have trusted advisors, yet they also do some of their own research.

So I thought I would post some interesting information for you to view. The Housing Supply Outlook from PAAR. It shows you the housing supply within the given value ranges and by housing type. One thing to know when you are viewing the outlook data is that a market is considered to be balanced between buyers and sellers (aka not a buyers market nor a sellers market) when there is roughly a 5 - 6 months supply of homes.

View March 2009 Housing Supply Outlook