Seller's [Move-up Buyers] Advantage Plan » b] Are we in a Buyer’s Market http://www.sellmyhousemoveupbuyerprogram.com SELL your house to become a MOVE-UP BUYER in a Buyer's Market Tue, 10 Feb 2009 03:19:56 +0000 en hourly 1 http://wordpress.org/?v=3.0 b] Are we in a Buyer’s Market? http://www.sellmyhousemoveupbuyerprogram.com/buyers-market-proof/ http://www.sellmyhousemoveupbuyerprogram.com/buyers-market-proof/#comments Thu, 13 Nov 2008 01:49:22 +0000 Jo Soss http://www.sellmyhousemoveupbuyerprogram.com/?p=83 The Definition of Absorption Rates:

Number of weeks it takes to sell the current inventory at the present rate of sales. Using absorption rates can help you define markets. My definition breaks down like this…

Normal Market – Between 5 and 6 months of inventory. (21.65 – 25.98 weeks)

Seller’s Market – Between 1 and 4 months of inventory. (4.33 – 17.32 weeks)

Buyer’s Market – 7 months and higher. (30.31 plus)

Now remember that absorption rates just track trends and isn’t an exact science! Here is the absorption rate trend for 2008.

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