Murrieta CA Single Family Home Absorption Rates - January 26, 2012.
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you may want to know whether it’s a buyer’s market, a seller’s market, or a stable market.
In a buyer’s market, home buyers have the upper hand and can drive hard bargains for their dream home.
In a seller’s market, sellers have the advantage and can demand top dollar for their home.
In a stable market, the bargaining advantage is balanced between buyers and sellers.
It’s a SELLER’S MARKET currently for Murrieta Single Family Homes. The above chart shows the three month absorption rate trend. The chart below provides a snapshot of the twelve month, six month, and three month absorption rates.
Click here for info on Murrieta Home Prices.
UNDERSTANDING ABSORPTION RATES
How can you determine whether it’s a buyer’s market or a seller’s market? By looking at housing market absorption rates.
Copyright ©2012 Bill Burchard