Northwest Ohio Real Estate

Blog by Victoria Luhring

Maumee, Ohio

Information on Northwest Ohio Real Estate.

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ILHM Luxury Home Market Stats

Posted at Northwest Ohio Real Estate by Victoria Luhring

Jun. 19, 2009

Tagged with: inventory chart

Altos Research developed the Market Action Index (MAI) for an at-a-glance measurement of market conditions. The MAI is a barometer of real estate supply and demand. A value above 30 indicates demand is relatively robust, we call that a Seller's Market. Below 30 is a Buyer's Market.

Also use the Market Action Index trends as a leading indicator for prices. When markets fall persistently into Buyer's territory prices will likely follow.