Supply Demand: Impacts Real Estate Home Values – LuxuryValleyHomes.com

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Supply Demand: Impacts Real Estate Home Values – LuxuryValleyHomes.com

Supply Demand:

Supply Demand: 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!

Supply Demand

Highlights:

  • The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.
  • 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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Jeff DaleyEmpty Nesters: Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make: Remodel your house to fit your current lifestyle and needs Sell your house and purchase the perfect home Based on the record of []

 

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About 

Jeff and Jane Daley started their careers in real estate after taking early retirement from the corporate world in October of 1999. Their success is achieved by way of their core values.

MILITARY SERVICE: Jeff is a Vietnam combat veteran and served in in the US Army. He served with distinction, and received multiple citations.