A mixed report, not unexpected for a “neutral” housing market. There are good signs for each market. The general trends are still set. Harker Heights continues to be one of the top performing communities, and Killeen ain’t nuthin’ to sneeze at, either.
Is it a buyer’s market or a seller’s market? Is there a way to tell other than gut feelings and anecdotes about how quickly homes are selling or not? Of course. It’s called months of inventory (or absorption rate). Months of Inventory and Absorption Rates are the same thing. “Absorption Rate” is a term more […]