market reports: Is it a Buyer’s Market or Seller’s Market? Understanding Solano County, CA Absorption Rates
- 01/27/12 06:31 AM
Is it a Buyer’s Market or Seller’s Market? Understanding Solano County, CA Absorption Rates. How can you determine whether it’s a buyer’s market or a seller’s market? By looking at housing market absorption rates. The Market Absorption Rate, also known as months of supply, measures the number of months projected to deplete the existing inventory of homes based on the current monthly sales, assuming no new homes will come on the market. It is calculated by taking the total number of active listings and dividing by the number of homes that have gone under contract in the last 30 days and is … (1 comments)
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Is it a Buyer’s Market or Seller’s Market? Understanding Solano County, CA Absorption Rates.
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