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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 :-)
Home Sweet Home Florida Realty, Inc. www.HomeSweetHomeFlorida.com
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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!
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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

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