Blogs Posts on "Absorption Rate"
October 2009 Seattle condo market update by The Seattle Condo Blog on Nov 6, 2009The Seattle condo market rebounded in October with increases in sales, number of closings and median price, likely fueled by the rush to qualify for the first time home buyers tax credit.ShareThis...
September 2009 Seattle Condo market update by The Seattle Condo Blog on Oct 12, 2009Seattle’s condo market kept churning through September even though the citywide median price fell to $259,250. The number of properties going under contract and closed increased over August, while available inventory and the condo supply rate decre...
August 2009 Seattle condo market update by The Seattle Condo Blog on Sep 7, 2009The median Seattle condo price inched up 3.8% to $280,274 last month. Though that's still below last August's median price by 9.6%, the year-over-year gap continues to narrow.ShareThis...
July 2009 Seattle condo market update by The Seattle Condo Blog on Aug 7, 2009Seattle's median condo price dropped to $270,000 in July; condo sales are showing signs of slowing down.ShareThis...
June 2009 condo market update by The Seattle Condo Blog on Jul 15, 2009The median Seattle citywide condo price dipped last month to $280,000, which reflected a year-over-year and one-month drop of 12.5% and 7.9%, respectively.ShareThis...
May 2009 Seattle condo market update by The Seattle Condo Blog on Jun 7, 2009Seattle's condo market continues to improve. Last month's market results reflected a bump in median price, increased sales volume and the lowest inventory supply rate since November 2007.ShareThis...
To Sell or Not To Sell by What Does Pre-Approval Mean on Mar 12, 2009Real estate is in the media a lot lately. It has been in the media as a negative item for much too long. The reason is that unlike stock or bonds real estate will never go to zero. Yet, it will appreciate and depreciate, but most importantly it...
To Sell or Not To Sell by What Does Pre-Approval Mean on Mar 12, 2009Real estate is in the media a lot lately. It has been in the media as a negative item for much too long. The reason is that unlike stock or bonds real estate will never go to zero. Yet, it will appreciate and depreciate, but most importantly it...
The Long Beach Market Inventory Slips Below 6 Months Supply by Long Beach/Southern California Real Estate on Mar 10, 2009For February 2009, out of 11 zip codes in this report for Long Beach, only one zip code area had slightly more than 6 months' supply of inventory--in some areas the inventory for detached housing was as low as 1.6 months supply. This is a definite de...
Do You Know Your Area's Absorption Rate? by Amazing Video Tours Newswire on Mar 1, 2009Take a look at the table below:The table shows how many homes SOLD vs how many homes were ACTIVE on the market for the month of December, 2008 for the Charlotte Metropolitan Region*.If you calculate the absorption rate:1,350 x 12 (months) = 16,20016,...
