Low Supply and Demand Impacts the Real Estate Market
Supply-Demand: Some of the highlights of this infographic show the concept of Supply & Demand is a simple one. It demonstrates the best time to sell something is when the supply of that item is low & the demand for that item is high! It also defines the following:
- 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!