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How Low Supply & High Demand Impacts the Real Estate Market
March 29th, 2017 4:16 PM by Preston Mangum; Realtor, GRI, ABR, SRES
How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC]
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!
Posted by Preston Mangum; Realtor, GRI, ABR, SRES on March 29th, 2017 4:16 PM
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