How Supply And Demand Impacts Real Estate Home Values

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!
• Nationally, there has not been a 6-months inventory supply since August 2012!
• Inventory levels differ depending on the area of the country and price range, so be sure to consult your local real estate professional for your exact market conditions.

Source: Keeping Current Matters | The KCM Crew 091117