Friday, August 26, 2016 / by Marie Berthe
How Supply & Demand Impacts the Real Estate Market
Some Highlights:
- The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high!
- Anything under a 6-month supply is a Seller’s Market!
- There has not been a 6-months inventory supply since August 2012!
- Buyer Demand continues to out-pace Seller Supply!