Boardman, Ohio Market Trends - October 19, 2007. Still a buyers Market . . .So Buy!
By Jack Pearce, Broker - ABR, ASP, CSP, ePRO, GRI
(RE/MAX Valley Real Estate)
Mahoning Valley Ohio Market ReportYoungstown, Boardman, Canfield, Poland, Austintown and surrounding Ohio communities in Trumbull, Mahoning, and Columbiana Counties. Boardman, Ohio Market Trends October 19, 2007 Still A Buyers Market . . . So Buy! Absorption Rate refers to the rate at which properties are able to be sold (or absorbed) in an area within a given period of time, usually one year. It tells REALTORS® the supply (inventory) of houses on the current market and how long it will take to sell all of those houses: Housing Inventory (Supply) Market Type Less than Three Months Strictly Sellers' Three months Tends To Sellers' Six months Balanced Nine months Tends To Buyers' Twelve Months or More Strictly Buyers' Active: A market analysis of home sales in Boardman, Ohio October 19...
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