How Supply and Demand Impacts Real Estate Values
Posted by Mani Raveendran on Saturday, April 8, 2017 at 2:42 PM By Mani Raveendran / April 8, 2017 Comment
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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