absorption rate: Raleigh NC Real Estate - Is It A Buyers Market or a Sellers Market? - 03/29/13 07:58 AM
Many times when I create the monthly market reports I reference the Absorption Rate.  On listing appointments I mention the Absorption Rate and even use it to assist me with my Competitive Market Analysis.  An Absorption Rate is a great indicator of what is happening in a local real estate market.
An Absorption Rate quite simply is the supply of homes that are on the market.  For instance, if there is an Absorption Rate of 8 is would mean that should NO other homes be listed it would take 8 months for the currently listed homes to sell or to be "absorbed" … (16 comments)

 
Leesa Finley, RED Properties - Raleigh NC Real Estate  (RED Properties)

Leesa Finley

RED Properties - Raleigh NC Real Estate

Wake Forest, NC

More about me…

RED Properties

Address: Raleigh NC Homes For Sale, Covering ALL of Wake County, Wake Forest, NC, 27587

Office: (919) 410-8722

Mobile: (919) 649-6128

Welcome to Raleigh NC! Though my blog you can find Homes for Sale in Raleigh NC and the surrounding area, Things To Do in Raleigh NC and so much MORE! I am the Owner/Broker In Charge of R.E.D. Properties and I specialize in Northern Wake County with a focus on Wake Forest NC. It's where I live, it's what I love! Please visit "About Me" for more details on how I can help you!
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