Real Estate Glossary

December 13, 2009 by Rob Spring · Leave a Comment 

REAL ESTATE GLOSSARY
ABSORPTION RATE   Back to top
The ratio of the number of properties in an area that have been sold against the number available. Used to show the volatility of a market.
ABSTRACTION METHOD   Back to top
This method of estimating the value of property uses similar properties available in the same market to extract the value of a [...]