real estate: 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)
real estate: MOLD!?!
- 07/03/07 01:38 AM
I was in a property last week that was seriously contaminated with mold. I really never realized the negative effects of mold until I spent an hour in this property. As I opened the door, I looked in the home towards the kitchen in the rear of the house. I saw the color black everywhere. (the house was vacant) I said to the buyer that I was with that we needed a mask before we could go in to the home. After using a mask, and going in and out of the house to take some "breathers" from the disgusting smells, I … (5 comments)
real estate: IT"S A GREAT TIME TO BUY REAL
- 06/18/07 05:57 PM
I have been learning about real estate blogging. I have read the articles, searched the web and talked to the hosts of other web bloggs. What I have learned is that I have been doing this all wrong. I need to make frequent short entries. I have decided that I will treat my blogg as a "release" to my day to day issues as well as give opinion and insight into the real estate market. Today's thoughts are focused on IT"S A GREAT TIME TO BUY REAL ESTATE! The inventory is diverse, the negotiations are fierce, and the interest rates are … (4 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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