Months of Inventory: Spotlight 78703
July 21, 2011 by Katy Duggan · Leave a Comment
The key statistic you need to use to show the current relationship between inventory and demand is a term called “Months of Inventory.” It is the number of homes for sale divided by the number of homes sold the month before. It is like an absorption rate and has always been a good way of […]
Filed under Home Buying, Home Selling, Market Reports, Real Estate Trends · Tagged with 78703, Home Values, July Market Report, Month's of inventory