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Updated almost 14 years ago, 02/23/2011
Months of inventory
An agent just sent me a Market Trend Report for my market and for some areas the months of inventory is from as low as 5 months to as high as 96 months. Obviously, 96 months is extremely high, but what's acceptable number as far as months of inventory is concerned? I am specifically looking this as a rehabber.
Thank you guys in advance.