klamath falls market statistics: Klamath Falls Summer Home Market
- 07/20/09 04:22 AM
It's been an interesting summer, as the market continues to try and find it's balance. I've had a pretty good year so far, considering the challenges we face. As of the end of June, we have 1,013 homes on the market, giving us an inventory ratio of about 20 months. This is an unbalanced ratio, meaning too many homes on the market compared to what is selling. A more balanced ratio would be under 12 months. This tells me we still have some pressure to lower prices and encourage home purchases. Easy enough, but with unemployment at high levels in Klamath (1 comments)