Comments on: What Makes A Buyer’s Market or a Seller’s Market

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By: Rob Aubrey

Rob Aubrey — Sun, 08 Aug 2010 17:40:01 +0000

Hi Leo,
The reason for the three is is this.

In order to have a more accurate picture of the market you have to have multiple months of data.

For example if you took the inventory and divided it by January’s closings and then later took May’s closings and did the same thing you would have numbers all over the place.

So the idea is to take 2 (months sold) (Current pending) 1

We count the sold as 2 and the pending as 1

By: Leo Riordan

Leo Riordan — Sun, 08 Aug 2010 17:34:46 +0000

Thanks for the simple explanation. Quick question, whay do you use 3 to divide the pendings and solds?

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