Skip to main content

What Do Supply and Demand Tell Us About Today’s Housing Market?

FYI: There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is […]
http://dlvr.it/S9Bfsp

Comments

Popular posts from this blog

The Benefits of Home Buying Counselors

Why It’s Still Safe To Sell Your Home

FYI: If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say […] http://dlvr.it/S7fcLX

Three Ways Low Inventory Is a Win for Sellers

FYI: The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s […] http://dlvr.it/RklCq3