How Supply & Demand Impacts the Real Estate Market

supply and demand

  • The concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high.
  • When the inventory is under a 6-month supply, it is a benefit to the Seller.
  • There has not been a

    6-months inventory supply since August 2012.

  • Buyer Demand continues to outpace Seller Supply.

‘Old Millennials’ Are Diving Head-First into Homeownership

Old-Millennials

Do You Know the Impact Your Interest Rate Makes?

Cost-of-Interest

  • Interest rates

    have come a long way in the last 30 years.

  • The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
  • Interest rates are at their lowest in years.
  • If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act.

Slaying Myths About Home Buying [INFOGRAPHIC]

Slaying-Myths

What Would You Sacrifice To Buy A Home? [INFOGRAPHIC]

Sacrifices-to-Buy-BOA-K

Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]

Corelogic-Foreclosure

March 2016 Market Report

Market Report Real TrendsThe latest real estate news in March of 2016 by REAL Trends

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Home Ownership: Great Investment

Home Ownership

Home Sales Up Year-Over-Year

This is the 48th consecutive month with year-over-year price gains.

Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers.”

Inventory is still below historic normals at a 4.4 month supply.

sales year over year