Real Estate, like all other sales, follows the basic principle of supply and demand. The fewer homes there are on the market, the more desirable each individual listing becomes. As a result, days on market go down and prices go up. Due to this, the market is slowly, but surely, shifting back to a seller’s market.
What makes supply and demand in real estate different is that we, as agents, do not control our inventory. The homeowners, our clients, directly control the market inventory. If I had more homes to sell, I could get them sold quickly and for great prices, but my inventory is low! The bottom line is, now is a great time to list your home and let me get it sold for you.
Please feel free to contact me if I can help with your real estate needs.
Thanks,
Lee Hamilton
Allen Tate Realty
803 322 4340