In a particular area, 5 homes were sold over the past six months. There are currently...
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In a particular area, 5 homes were sold over the past six months. There are currently 8 homes on the active market, which are comparable to the subject property. What would be the absorption rate if the subject property were priced at the top of the market? 6 months 9.6 months 8.5 months 12 months In a particular area, 5 homes were sold over the past six months. There are currently 8 homes on the active market, which are comparable to the subject property. What would be the absorption rate if the subject property were priced at the top of the market? 6 months 9.6 months 8.5 months 12 months
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Simply put the absorption rate is a supply and demand ... View the full answer
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date:
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