REAL ESTATE INVENTORY

9 Months Ended

12 Months Ended

Sep. 30, 2020

Dec. 31, 2019

REAL ESTATE INVENTORY

REAL ESTATE INVENTORY

3.    REAL ESTATE INVENTORY

The following table presents the components of inventory, net of applicable real estate inventory valuation adjustments, as of the dates presented (in thousands):

	September 30,		December 31,
	2020		2019
Work-in-process	$	33,233	$	179,419
Finished goods		118,279		1,132,950
Total real estate inventory	$	151,512	$	1,312,369

3.REAL ESTATE INVENTORY

The following table presents the components of inventory, net of applicable real estate inventory valuation adjustments, as of the dates presented (in thousands):

	2019		2018
Work-in-process	$	179,419	$	231,186
Finished goods		1,132,950		1,130,610
Total real estate inventory	$	1,312,369	$	1,361,796