Monday, June 1, 2009

First Monday Market Reports

For the first time this year, we have seen our Market Absorption Rates fall in two of our three categories (All & Land). This is great news, especially as we have also seen the number of properties under contract go up in the past few weeks.

While sales have risen, so have the number of listings, which is the main reason why residential listings had a small increase in their Market Absorption Rate.

Marc White, ABR, GRI, E-Pro

Marketing Specialist

Direct 828-406-2134

Marc@CedarFallsRealty.com

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