buyers: Price War and Beauty Contest - 06/12/08 01:58 PM

Let's face it Sellers, you are in a price war and a beauty contest. RMLS just published the latest market action report indicating 9.2 months of inventory. This means, if not one more home was listed on the market, at the rate buyers are buying, it would take 9.2 months to deplete all current listings. Traditionally, we consider a six month inventory a balanced market. We are, however, down from the month prior at 10.3 months so possibly the trend line will continue downward.
What does all of this mean to you? Well, if you're a buyer without a home … (6 comments)

 
Emily Booth (RE/MAX equity group)

Emily Booth

Beaverton, OR

More about me…

RE/MAX equity group

Address: 9790 SW Nimbus Avenue, Beaverton, OR, 97008

Mobile: (503) 750-9153

Fax: (503) 961-1970



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