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What is an Absorption Rate? Speaking from the real estate context, an absorption rate offers a percentage illustrating the amount of homes sold over a set period of time. We can use this figure to gauge whether a market is tipped in favor of the buyer or the seller. For simplicity’s sake, we’re going to be reporting the absorption rate on a monthly basis. And how do we find...
As a real estate agent in Glendale, I am always on the lookout for ways to help my clients add value to their properties while also helping the environment. That's why I'm so excited to share the benefits of the Glendale Water and Power (GWP) Turf Replacement Program. This program provides residents and businesses with a cost-effective, low-maintenance solution for preparing their lands...
Photo Credit: City of Glendale As a real estate agent in Glendale, I am always on the lookout for ways to help my clients add value to their properties while also helping the environment. That's why I'm so excited to share the benefits of the Glendale Water and Power (GWP) Turf Replacement Program. This program provides residents and businesses with a cost-effective, lo...
Even in absorption rate analysis, what goes up must come down. It just seems that someone forgot to tell a couple of our neighborhoods. But after a March when we watched every neighborhood we service surge deeper into the seller’s favor, the scales seem to be balancing again. All but two of our neighborhoods dropped closer to a buyer’s market. And that’s while most of our neig...
