housing prices: CMA Vs Absorption Rate - 10/24/07 09:25 AM
When I first started in Real Estate, I took a lot of time learning about CMA's and how to do one properly to come up with an accurate market value. I used this type of valuation up until the past few months when I started to use an Absorption Rate instead.
What is an Absorption Rate? Well to put it simply, it is the amount of homes on the market, the amount of homes sold and the amount of homes listed per month, for a few months to decide how many months of inventory is out there. Do this for several price … (8 comments)


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