We just wanted to take a few seconds and not only explain why we purchase
homes at the values that we do, but also explain how we come to our numbers.

Months of inventory is based on the current number of homes available divided
by number of homes sold in the last 12 months, then multiplied by 12.

San Antonio’s Numbers are Below

Total # Available 10,700 * 12 = 7.23 Months of Inventory

Total # Sold 17,750

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