Supply and Demand are Impacting the Housing Market

Supply and demand have a huge impact on the housing market. The current market is seeing a surge of demand and a shortage in supply, which has greatly affected the tactics of homeowners. Based on the current trends, now is a great time to be in the market as a seller.

There has not been a 6-month supply of inventory since August of 2012, thus limiting homebuyers of options to choose from. However, this is an advantageous position for home sellers, since many buyers will be forced to compete for properties.

Supply and Demand Are Impacting the Housing Market

Highlights Include:

* The concept of supply and demand is simple. The right time to sell is when demand is high and supply is low.
* Anything less than a 6-month supply of inventory means we’re in a Seller’s Market!
* There hasn’t been a 6-month supply since August 2012!
* Buyer demand still outpaces seller supply!

After reading this information are you ready to sell your home? Do you know which steps to take first in the selling process and how supply and demand can affect your success? If you need some direction in buying and/or selling, feel free to call us at Showcase Realty at 704.997.3794 to discuss your options!

Showcase Realty is an experienced, trusted and competent company with a great team of real estate consultants. Why sell with us? Take the time to read Nancy Braun Sells 33% Faster than the Average Real Estate Professionals – But How? to learn more!

Did you know that pricing your home properly can be the deciding factor between a fast sell and no sell at all? Learn more about proper pricing with Is Your Home Up For Sale? Ensure Your Price Is Accurate. Want to talk? Send us a message here!

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