Absorption Rate: What is it? How do I use it?
Written by Jennifer Cox on October 18, 2008
In the past, we would talk about “Days on Market” when counseling sellers, and discussing how long they might expect to have their home on the market, before receiving an offer to purchase. “Days on Market” was an easy number for your agent to find. A couple of clicks in the Multiple Listing Service, and we could have DOM pretty quickly. About 2005 we noticed a “shift in the wind”. Read more
