From our friends at Calculated Risk comes some telling national data. The top chart shows the absolute amount of for sale inventory nationally. At approximately 4.5 million existing homes for sale we seem to have reached a peak. That is good news. The second chart shows, at the current absorbtion rates how long it will take to sell the current inventory. At 11 months it is the highest level in 25 years. That is depressing news. What does this mean for Maui real estate? Well, the months of inventory on Maui is even higher than these national numbers, though because this is a resort market there may be some mitigating circumstances. or details, contact us!