absorption rate: Coal City Absorption 5-18-08 - 05/18/08 03:10 PM
One of the most overlooked aspects in selling homes, I believe, is the absorption rate or the ability to sell off all the homes in a region that are currently for sale. It is tallied in a relatively simple manner- even for non-stat nerds (which I, unfortunately, am NOT a part of)...
Take the number of homes that have sold in an area¬†over a period of time (6 months, one year, whatever). Divide it by the amount of time (six months by 6, one year by 12 and so on). That will give you the amount of homes that sell per … (0 comments)

 
Jim Ludes, Grundy/Will County, IL REALTOR (RE/MAX Top Properties)

Jim Ludes

Grundy/Will County, IL REALTOR

Coal City, IL

More about me…

RE/MAX Top Properties

Address: 101 E. Waverly Street, Morris, IL, 60450

Office: (815) 942-1133

Mobile: (815) 712-7786

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Here you'll find my musings about real estate related topics. Some personal opinion, much local market data, and some local happenings in Grundy and Will County, IL.


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