NATIONAL FOR SALE INVENTORY

March 15th, 2009

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For sale inventory indicates how long it would take for all homes for sale to sell at the current sales pace if no new homes were brought to market.. Currently national for sale inventory stands at 9.6 months. That number is significantly improved compared to the 11 months the inventory had been for much of 2008. The further this ratio declines, the better the news is for sellers of Maui real estate.