Comments on: The Real Estate absorption rates around Frederick County http://focusonfrederick.com/2008/10/21/real-estate-absorption-rates-frederick-county/ Musings and information about Real Estate in the Frederick County Area Sat, 24 Sep 2011 14:34:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: gotbob http://focusonfrederick.com/2008/10/21/real-estate-absorption-rates-frederick-county/comment-page-1/#comment-1229 gotbob Fri, 07 Nov 2008 18:57:02 +0000 http://focusonfrederick.com/?p=602#comment-1229 Great question David and thanks for asking. Absorption is just like paper towels...under the current conditions, how long would it take for the market to absorb the inventory if no new inventory came on. I forgot to bring the definition over from the last post. The numbers represent months. A normal market is 6 months. Less than that is a sellers market and over that is a buyers market. Great question David and thanks for asking. Absorption is just like paper towels…under the current conditions, how long would it take for the market to absorb the inventory if no new inventory came on. I forgot to bring the definition over from the last post. The numbers represent months. A normal market is 6 months. Less than that is a sellers market and over that is a buyers market.

]]> By: David Bruce http://focusonfrederick.com/2008/10/21/real-estate-absorption-rates-frederick-county/comment-page-1/#comment-1218 David Bruce Tue, 04 Nov 2008 06:49:43 +0000 http://focusonfrederick.com/?p=602#comment-1218 Hi Bob, I subbed to your blog because anything about Frederick interests me... I'm a big fan of and booster for Frederick County. I love it here as you can tell from one of my blogs. As I real estate newbie... I have a question: What is the definition of "Absorption" in real estate phraseology? is it: existing houses on the market that need to be sold before new houses can be sold? or is it when real estate firms either merge or go out of business in our area? I'm confused. My daughter just bought a townhouse off New Design Road and it's great, the neighborhood is great... I was doing the Grand daddy day care on Halloween night so my daughter and her husband could go out. Got a chance to see the entire neighborhood turn out trick r treating. This is a really nice neighborhood and I'm glad my daughter bought this home. <abbr><em>David Bruces last blog post..<a href="http://feeds.feedburner.com/~r/LifeInFrederickMaryland/~3/440532792/entrepreneurs-small-business-owners-try.html" rel="nofollow">Entrepreneurs & Small Business Owners try for Fort Detrick Contracts</a></em></abbr> Hi Bob, I subbed to your blog because anything about Frederick interests me… I’m a big fan of and booster for Frederick County. I love it here as you can tell from one of my blogs.

As I real estate newbie… I have a question:

What is the definition of “Absorption” in real estate phraseology?

is it: existing houses on the market that need to be sold before new houses can be sold?

or is it when real estate firms either merge or go out of business in our area?

I’m confused.

My daughter just bought a townhouse off New Design Road and it’s great, the neighborhood is great… I was doing the Grand daddy day care on Halloween night so my daughter and her husband could go out. Got a chance to see the entire neighborhood turn out trick r treating.

This is a really nice neighborhood and I’m glad my daughter bought this home.

David Bruces last blog post..Entrepreneurs & Small Business Owners try for Fort Detrick Contracts

]]> By: gotbob http://focusonfrederick.com/2008/10/21/real-estate-absorption-rates-frederick-county/comment-page-1/#comment-1206 gotbob Mon, 27 Oct 2008 00:43:52 +0000 http://focusonfrederick.com/?p=602#comment-1206 Thank you Eric. Good luck with your buyer, they are hard to come by now a days. I am sure your area is still developing since the storm. Thank you Eric. Good luck with your buyer, they are hard to come by now a days. I am sure your area is still developing since the storm.

]]> By: Eric- New Orleans Condos and Lofts http://focusonfrederick.com/2008/10/21/real-estate-absorption-rates-frederick-county/comment-page-1/#comment-1204 Eric- New Orleans Condos and Lofts Sat, 25 Oct 2008 18:51:13 +0000 http://focusonfrederick.com/?p=602#comment-1204 You may get the award for the most blogs that I follow. Always good nuggets for the people in your market. What I am seeing here in one of the niches I work is far less new listings are coming on the market. I showed yesterday in the New Orleans Warehouse District and Uptown areas and the total condos to show was ten. I knew that 3-4 would even make the cut. We were able to narrow down the number to three at most. <abbr><em>Eric- New Orleans Condos and Loftss last blog post..<a href="http://www.neworleanscondotrends.com/2008/10/21/julia-place-condos-new-orleans-warehouse-district-good-choice-for-a-second-home/" rel="nofollow">Julia Place Condos-New Orleans Warehouse District- Good choice for a second home!</a></em></abbr> You may get the award for the most blogs that I follow. Always good nuggets for the people in your market.

What I am seeing here in one of the niches I work is far less new listings are coming on the market. I showed yesterday in the New Orleans Warehouse District and Uptown areas and the total condos to show was ten. I knew that 3-4 would even make the cut.

We were able to narrow down the number to three at most.

Eric- New Orleans Condos and Loftss last blog post..Julia Place Condos-New Orleans Warehouse District- Good choice for a second home!

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