• calendar_month September 1, 2022
• folder Absorption Rate

Seems like the question on every one's mind these days is what is happening to the housing market and when is “the big crash” coming… I also know everyone you talk to seems to have input on what the current situation is and where we are headed. With so much noise it is hard to determine the reality of the market and where we are today, is it a seller’s market, is it a buyer’s market, are we headed towards a real-estate market crash? Well let’s not guess and look at the statistics instead, after all numbers don’t lie. I choose to do an analysis of the market in Glendale, CA and with an absorption rate of 59% we are very much so in a healthy real-estate market, as anything over 20% indicates so. Now if Glendale, CA is not your neighborhood or a zip code that interests you, let me know what is and I would love to do a customized personal analysis just for you!