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How Low Supply & High Demand Impacts the Real Estate Market
March 24, 2017
How Low Supply & High Demand Impacts the Real Estate Market
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!