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REAL ESTATE INVENTORY (Tables)
12 Months Ended
Dec. 31, 2020
REAL ESTATE INVENTORY  
Summary of components of inventory, net of applicable real estate inventory valuation adjustments

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

 

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

2020

 

2019

Work-in-process

 

$

183,004

 

$

179,419

Finished goods

 

 

282,932

 

 

1,132,950

Total real estate inventory

 

$

465,936

 

$

1,312,369