The thing that bothers me the most about news articles – they don’t VERIFY what their ‘sources’ SAY. Case in point – article in the local Coeur d’Alene Press – ‘Safe’ to buy (read article in full here) and I quote “the local market continues to be “balanced” with a nice mix of prices and […]
Tag Archives: months of inventory
What is absorption rate and what does it have to do with me buying a home in Post Falls or Coeur d’Alene?
What is absorption rate and what does it have to do with me buying a home in Post Falls or Coeur d’Alene? Absorption rate, in a nutshell, tells us if the current amount of homes on the market are increasing or decreasing in number. A “healthy” absorption rate is is between 4-8 months of inventory. […]