The “Early Warning” Indicator
|09/23/2016||Posted by BusinessMediaguide.Com under General World News||
I call the absorption rate the early warning indicator because sometimes it lets you actually get out in front of a movement in real estate prices. Once you learn how this works, you’ll know something around half of real estate professionals don’t understand.
The absorption rate is the rate at which homes are selling based on a time length measured and the sales as compared to the currently listed inventory. In other words, you have 4000 homes currently listed. You want to see the absorption rate based on read more >>>