Real Estate Tips: What is an Absorption Rate?

There is a lot of terms to learn in the real estate world, and I enjoy explaining them to those who are looking to buy and sell as it equips them with more information to make better decisions. This one is a great term to know and use in order to see the health of the market, meaning “where things are at”. I constantly get asked, how’s the market? Is it a buyer’s market or a seller’s market? Well, buy understanding this term, you can determine those answers for yourself. Checkout my latest video below for the full low down.