How Supply & Demand Impacts Real Estate Values

The price of any item is determined by the supply of that item, as well as the demand for that item in its market. The same is true in real estate. As the inventory of homes available for sale shrinks, and the demand that buyers have for those homes continues to grow, prices increase. Let’s get together to discuss the supply and demand of homes in our market!
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Posted on August 30, 2018 at 4:23 pm
Bradley Mulliner | Category: Buying/Selling Tips, new home, Real Estate Activity | Tagged , , , ,

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