Maumee, OH -- Market Inventory Trends
By LINDA SABO, Use my years of EXPERIENCE & KNOWLEDGE
(Re/Max Preferred Associates, Toledo, OH)
Here's an article from my web site that I hope you will find interesting. Market Inventory Trends Review the inventory and health of the market by looking at the number of sold and listed properties. To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market. Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market. Sold: Properties sold that month New: Listings that are new on the market Distressed: Listings that are short sales, bank owned, ...
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