sellers market: DETERMINING A BUYERS OR SELLERS OR BALANCED REAL ESTATE MARKET - 09/14/15 01:52 AM
DETERMINING A BUYERS OR SELLERS OR BALANCED REAL ESTATE MARKET
KNOWN AS ABSORPTION RATE = MONTHS SUPPLY OF INVENTORY-MSI
 A months supply of inventory (homes for sale) helps determine a Buyer’s, Balanced or Seller’s Market. MSI is an estimate of how long it will take for all the market’s homes to be sold, or absorbed, based on home many homes are currently on the market and the rate homes in the past (absorption rate).
ABSORPTION RATES- Total of homes sold in the last year divided by the months in a year, twelve. Therefore take the amount of current inventory, take the number of homes … (2 comments)

 
Fred Carver Real Estate Consulant, Accredited Real Estate Consultant (Retired BC Realtor)

Fred Carver Real Estate Consulant

Accredited Real Estate Consultant

Victoria, BC

More about me…

Retired BC Realtor

Address: 4440 Chatterton Way, 2239 Oak Bay Ave, Victoria, BC, V8X 5J2

Office: (250) 744-3301

Mobile: (250) 413-7042

Author Bio:Fred Carver started in Real Estate December 1971.Experienced in both Commercial and Residential Sales and Marketing Including the Internet with Web sites and several Blog sites.Area Specialist in Condo and Single family home sales in and around the South Side of Victoria, BC

VISIT MY OUTSIDE BLOG

var addthis_pub="fcarver";


Listings

Links

Archives

RSS 2.0 Feed for this blog