How Low Supply High Demand Impacts The Real Estate Market INFOGRAPHIC

Dated: 03/24/2017

Views: 155

Image title

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!

  • There has not been a 6-months inventory supply since August 2012!

  • Buyer Demand continues to outpace Seller Supply!

Blog author image

Ron Harmon

As a dedicated real estate broker I have helped over 500 families purchase or sell their home and I am qualified to guide you through buying or selling a home. Buying or selling a home is one of t....

Latest Blog Posts

Drop In Inventory Fuels Sales Slowdown INFOGRAPHIC

Some Highlights: Existing Home Sales are now at an annual pace of 5.46 million. Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines.

Read More

Do Not Wait To Sell Your House Buyers Are Out Now

Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best

Read More

Is Your First Home Within Your Grasp Now INFOGRAPHIC

Some Highlights: According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median

Read More