
2019-10-01 08:49:26 How Does the Supply of Homes for Sale Impact Buyer Demand? How Does the Supply of Homes for Sale Impact Buyer Demand?![]() The price of any item is determined by supply, as well as the market’s demand for the item. 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. Their latest edition sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Buyer DemandThe map below was created after asking the question: “How would you rate buyer traffic in your area?” Seller SupplyThe index also asked: “How would you rate seller traffic in your area?” Bottom LineLooking at the maps above, it is not hard to see why prices are appreciating in many areas of the country. Until the supply of homes for sale starts to meet buyer demand, prices will continue to increase. If you are debating listing your home for sale, let’s get together to help you capitalize on the demand in our market now. |
Blog Archive
2019-12-02 09:02:415 Reasons to Sell This Winter 2019-11-26 08:30:39 The True Cost of Not Owning Your Home 2019-11-19 07:49:25 2 Myths Holding Back Home Buyers 2019-11-15 10:37:14 The Cost of Renting vs. Buying a Home 2019-11-12 08:33:10 Homeownership Rate Remains on the Rise 2019-11-05 07:55:46 The Difference an Hour Will Make This Fall 2019-10-08 11:57:31 What FICO® Score Do You Need to Qualify for a Mortgage? 2019-10-01 08:49:26 How Does the Supply of Homes for Sale Impact Buyer Demand? 2019-09-27 08:44:27 What Is the Cost of Waiting Until Next Year to Buy? 2019-09-17 10:58:00 Home Prices Increase in Every Price Range 2019-09-09 10:20:55 Home Sales Expected to Continue Increasing In 2020 2019-09-03 06:52:29 5 Reasons to Sell This Fall 2019-08-27 07:37:14 What’s the Latest on Interest Rates? 2019-08-20 13:06:49 A Great Way to Increase Your Family’s Net Worth 2019-08-14 10:18:09 5 Real Estate Reality TV Myths Explained 2019-08-07 08:22:03 Appreciation Is Strong: It Might Be Time to Sell 2019-07-29 09:00:48 3 Expert Insights On Inventory In The Current Market 2019-07-23 08:47:25 What Experts are Saying About the Current Housing Market 2019-07-16 08:55:41 Home Price Appreciation Forecast 2019-07-09 08:35:23 5 Powerful Reasons to Own Instead of Rent 2019-07-02 12:54:15 Americans Rank Real Estate Best Investment for 6 Years Running! 2019-06-26 07:10:26 Stop Wondering What Your Budget Is & Get Pre-Approved! 2019-06-12 05:28:05 3 Things to Know in the Housing Market Today! 2019-06-04 15:00:59 How Homeownership Delivers Unsurpassed Family Wealth 2019-06-02 05:50:44 The Ultimate Truth about Housing Affordability Click here to see ALL articles. |