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  1. [...] not multiple offer situations may be taking place, is to look at absorption rates in the area (see “Is this a buyer’s market?” ).  Absorption rates will tell you how quickly inventory in the market place is turning over.  [...]

  2. [...] Last night on PBS Ch. 9, the News Business Report reported that national absorption rates are currently at a level of 6.1 months.  Absorption rates help us guage what type of housing market we are currently dealing with.  Six months of inventory is smack dab in the middle of what experts consider a healthy environment, where neither sellers nor buyers have much leverage over one another.  (for more info on absorption rates, see “Is This a Buyer’s Market?”) [...]