by kramoltz@hotmail.com | Sep 22, 2021 | Arizona and Its Amenities, Home Buying
As of August, still very pro seller in the greater Phoenix area. Statements that the market was evening out over the summer were premature. An example is the absorption rate. The absorption rate measures the rate at which homes are sold during a given time period. The...
by kramoltz@hotmail.com | Jul 20, 2020 | Home Buying, Selling Your Home
Market Data Approach. This approach, also known as the comparable sales approach, is used when the property being evaluated is similar to and can be compared with other properties that have recently sold in the area. This is the method used for residential properties,...
by kramoltz@hotmail.com | Feb 26, 2015 | Real Estate Facts & Figures
Time on the market statistics are an important indicator of the health of a real estate market. One of the indicators of a recovery is when the residential resale inventory falls below a six-month supply. This means, on average, homes listed for sale will accept an...