absorption: What is market absorption?
- 07/21/07 04:06 AM
What is market absorption? It is a mathematical approach to determine the rate at which inventory is "absorbed"(engulfed wholly) into the market. Inventory is the number of homes for sale in the market. A division of homes sold on average over the last 12 months, 6 months and then 3 months will determine the rate at which homes are being sold. This is helpful to the seller who is thinking of selling or currently has a home to sell. If you know statistically how long to expect to market your home for sale, then you won't be as "stressed" about selling it. In … (3 comments)
What is market absorption? It is a mathematical approach to determine the rate at which inventory is "absorbed"(engulfed wholly) into the market. Inventory is the number of homes for sale in the market.;)
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