Supply and Demand in Today’s 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! Nationally, there has not been […]
Tag Archives: housing market
5 Baby Boomer Housing Market Trends to Watch
Regardless of where you live, experts are expecting that Baby Boomers will have a major impact on the local housing market. That’s because this sizable portion of the population is comprised of 76.4 million individuals. And many of them are expected to make major moves over the next several years as they continue to retire. […]
US Home Sales Outperform Real Estate Experts’ Previous Predictions
It’s always a good sign for the national housing market when sales activity is better than even the experts predicted! And that’s exactly what happened recently when the latest market activity report was released by the National Association of Realtors in July. Evidently, contracts to purchase previously-owned properties increased more than expected during the month […]