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What is real estate inventory?

By Diane M. Phillips Realtor 443-286-4365

Real Estate Agent with Frankly Real Estate Inc.

April 19, 2013 10:39 AM

What is real estate inventory?

What is real estate inventory? Real estate inventory in Maryland is the the number of properties with “active” Houses status in the multiple list system (MLS). That typically includes residential properties. For sale by owner and new construction are not 100% available through the MLS.

There are other real estate categories such as lot & land and multi-family units & commercial that are separated in the mls for more efficient searching. In Maryland, commercial real estate requires a special license.

What is real estate inventory?

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Jimmy Faulkner

Florida. Homes Realty & Mortgage - Wantagh, NY

The Best Of St. Augustine

I love your catchy name the filling station, the real estae philling station. I did not know that in Maryland, a commercial license is a separate entity from a residential license. Are there any other states like Maryland.

Apr 19, 2013 11:35 AM

Diane M. Phillips Realtor 443-286-4365

Frankly Real Estate Inc. - Manchester, MD

Specializing in Carroll Co., MD

Jimmy ~ Thanks! Yes, they are completely separate. I'm not sure to tell you the truth.

Apr 19, 2013 11:48 AM

Noah Seidenberg

Coldwell Banker - Evanston, IL

Chicagoland and Suburbs (800) 858-7917

Good way of putting it Diane. I think there are more people ready to sell then we think. They just paid too much and want to wait until they think the prices go up enough to justify selling. The problem is that it is not going up nearly enough to get their house up what they paid for it in 2005.

Apr 19, 2013 12:51 PM

Diane M. Phillips Realtor 443-286-4365

Frankly Real Estate Inc. - Manchester, MD

Specializing in Carroll Co., MD

Noah ~ Thanks. I have to agree with you there.

Apr 19, 2013 01:15 PM

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Diane M. Phillips Realtor 443-286-4365

Specializing in Carroll Co., MD

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