blogsnh: What is "Absorption Rate" and why its important to both Buyers and Sellers
- 07/09/09 03:48 AM
I've written a lot about absorption rates for various Towns and it occurred to me that I've never explained fully what "absorption rate" is and why it is important. Absorption rate in it's simplest form is how long it will take the market you are looking in to absorb the current inventory that is for sale. In almost all instances, Realtors agree that an absorption rate of 6 months or more is a Buyer's Market and if the rate is below 6 months you are in a Seller's Market. How do we determine what the rate is, the formula used is … (1 comments)
blogsnh: End Of Year Absorption Rate Results For Rockingham County
- 01/04/09 01:56 AM
Well 2008 is over and the end of year results are in for Rockingham County. During most of 2008 the County struggled with an absorption rate of approximately 11months. This meant that homes in the County were taking approximately 11 months to sell. As I've posted before, the absorption rate is a reflection of how long it will take for the market to absorb up the current inventory of properties for sale. When the absorption rate is above 6 months the market is considered to be in a Buyers Market. Rockingham County ended this year with a little bit of good … (1 comments)
blogsnh: Parkland Medical in Derry N.H. will now provide Cancer Care
- 05/24/08 08:02 AM
It appears that our local Hospital (Parkland Medical) will now be providing additional medical services, in the form of Cancer treatments. Parkland Hospital has partnered with the Lahey Clinic to provide this service and patients living in our area will no longer have to travel to either Boston or Manchester in order to receive treatments. This improved medical service is a great boost for the local Rockingham County area and its residents and is another example of why it is great to live in Rockingham County! … (0 comments)
blogsnh: Realtor vs. Non Realtor
- 03/11/08 12:12 AM
You see the symbol almost every time you enter a Real Estate office or you look at an ad in the paper or magazine. The symbol I am talking about is the "R" symbol which designates that the Real Estate Agency advertising or the one you just walked into is a an Agency that belongs to the NAR (National Association of Realtors). In this blog I will discuss what it means to be a Realtor. The National Association of Realtors goes back to its founding's in 1908 and the first code of ethics which was adopted in 1913. The association has … (5 comments)
I've written a lot about absorption rates for various Towns and it occurred to me that I've never explained fully what "absorption rate" is and why it is important. Absorption rate in it's simplest form is how long it will take the market you are looking in to absorb the current inventory that is for sale.
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