Good Afternoon,
Currently, our Absorption Rate (Inventory) numbers are great. Except for land, every other category we have researched shows the lowest numbers we have seen since June of 2008. Normally we see drops in the Absorption Rate at the beginning of the year, this is very common and predictable. But, to be as far below as we currently are shows great signs of progress for our market. We see properties Under Contract, pending closings, in every price category but one. We still need to wait a few days to get the final sales data for 2012, but currently we are about 25% ahead of last year (for the number of transactions).
To see additional articles pertaining to decisions made by our government, and current news, take a minute to look at … www.MarcWhiteHomes.com.
*For a copy of the most recent Market Update (Market Absorption Rate 2013-01-07) call or email me at anytime.
Regards,
Broker In Charge/REALTOR, Cash Realty & Cash Custom Homes
Call/Text 828-406-2134
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