
Free Access: Real Talk Real Estate: Housing market update and absorption rates
I am a firm believer in pricing homes based on the absorption rate. Essentially, the absorption rate tells how many months of available home supply we have. So why does the absorption rate matter on this market update? Everything is selling fast, and the absorption rate is what drives the market. Through the years, I have told sellers that we have to have the best price and value to close in 60 days. I have rarely met a seller who wanted or needed to sell a home and didn’t want







