As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything beyond that is an assigned meaning that we’ve come to through a mixtu...
- calendar_month January 4, 2024
- category Market Update
- post Absorption, California, Current Real Estate, Housing Market Update, Industry, Local News, Los Angeles