The Absorption Rate has finally decreased a little bit over the last two weeks. We are approaching our Absorption numbers from last year, which is a very good sign. The number of properties Under Contract is much less from this time last year, but with the Absorption Rate where it is, properties actually have a the same chance of selling today that they did last year. We would all like to see the number of properties Under Contract dramatically jump up, but right now buyers still are showing some skepticism to the
Regards,
Marc White
Marketing Specialist, ABR, GRI, ePro
Broker/REALTOR, Top 10 Listing Agent for 2009
Direct 828-406-2134
Marc@CedarFallsRealty.com
Make sure your REALTOR is RE-MARC-ABLE!
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