National inventory of real estate remained stable

National inventory of real estate remained stable


The absorption rate - the supply of homes for sale measured in months on the market, if sales continue at their current pace, remained stable compared to the previous month. This is the third-lowest level since June. Inventory levels remain 33% below its peak of 12.5 months in July and only slightly above where it was last year when the tax credit was in full-swing.


Doing a quick analysis of the absorption rate on may Kansas City neighborhoods, I found that many neighborhoods are below 7 months.


RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

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