How Supply and Demand Impacts Real Estate Home Values
Posted by Agent Connect on Thursday, September 7, 2017 at 7:32 PM
By Agent Connect / September 7, 2017
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Some Highlights:
- The concept of supply & demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
- Anything under a 6-month supply is a seller’s market!
- Nationally, there has not been a 6-months inventory supply since August 2012!
- Inventory levels differ depending on the area of the country and price range, so let’s get together to discuss the exact market conditions in our area.
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