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Tag Archives: supply and demand

How Supply and Demand Impacts Real Estate Home Values

Supply and Demand in Today’s Market

The Impact of Supply and Demand on Housing Prices in Today's Real Esate 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 a 6-months inventory supply since August 2012!
  • Inventory levels differ depending on the area of the country and price range, so let’s get together to discuss the exact market conditions in our area.

Thinking of selling your home? It could be worth more than you think! Contact Ann Arbor’s premier Real Estate team at The Bouma Group at 734-761-3060 or email info@bouma.com and get a market analysis for your home and find out the next steps in getting it sold for top dollar!

Ann Arbor Real Estate – A Study in Human Nature!

One of the interesting phenomenons in today’s Ann Arbor real estate market is the variation in sales prices.   In the same neighborhoods, you will see one home sell way above the average, while most of the homes are selling for the average price or below.   I’ve observed this several times, and really started to analyze what was happening, and in the process I learned a lot about human nature.

Distressed Ann Arbor Home Sellers!

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Downsizing Your Ann Arbor Home is the New Mantra

Over the past several months, we’ve been receiving more and more calls from home owners wanting to shrink their living standards, including their Ann Arbor homes. Of course in the supply and demand scenario, if there are more people wanting to downsize than people who want to upsize, you run into a situation where the supply exceeds the demand and that places a lot of pressure on home prices.

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