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As of April 2008 the housing inventory in Mobile was 8.5 months worth of homes — a healthy supply for a growing market. The housing inventory represents the number of months it would take to deplete the homes for sale given the current sales activity. Additionally, https://www.youtube.com/watch?v=cKf4_QkunIk -on-market (DOM) for existing homes sales in April was 82 days, a 17% increase over the same month last year.
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