How Supply & Demand Impacts the Real Estate Market
Posted by Susan Roddy
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 outpace Seller Supply!
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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