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Gail MacMillan - CRS, e-PRO, GRI ~ Titusville FL Real Estate Brevard County

MARKET ABSORPTION RATE - The EASY Way


I know it's been done before but I want to share the formula I use because it
seems easier than some others I've come across.

INVENTORY

The total number of houses for sale within a defined market area

ABSORPTION RATE

The rate at which homes will sell within a given period of time or unit sales per month

EXAMPLE

48 sales in 6 months ~ divide the # sales by the # months = 8 sales per month

MONTHS OF INVENTORY

Time required to sell all existing homes ~ divide inventory by absorption rate (# sales per month)

EXAMPLE

88 houses in current inventory divided by 8 sales per month = 11 months of inventory

If you find this formula useful, feel free to pass it along :-)

Gail MacMillan Titusville Fl Real Estate

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Titusville, Florida
Cell: 321.544.6808

HSH Logo - Real Estate Titusville FL

www.HomeSweetHomeFlorida.com
http://activerain.com/blogs/homesweethomeflorida

I Love Sharing Pictures....but what about COPYRIGHT

I totally enjoy getting up close with nature - be it fauna or flora - and have started posting some of my photos on Localism. Before I get too far along, do I need to put some sort of copyright or watermark somewhere near the picture. Lenn Harley has brought to our attention the problem with plagiarism and I'm pretty sure most of us agree with her. How would you go about protecting your work on Localism (or elsewhere)?

See Lenn's post at: IMAGES FOUND ON ACTIVE RAIN MEMBER'S POSTS ARE NOT PUBLIC DOMAIN - UPDATE

I can help you find your Home Sweet Home in Florida ~ TODAY!

Gail MacMillan Titusville Fl Real Estate

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Titusville, Florida
Cell: 321.544.6808

HSH Logo - Real Estate Titusville FL

www.HomeSweetHomeFlorida.com
http://activerain.com/blogs/homesweethomeflorida