What's the Latest on Housing Supply and Demand?
Channel: Darren Dowling - Best Realtor in Sarasota
Date: 2022-10-27

The Latest on Supply and Demand in Housing

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point.
What Does This Inflection Point Mean for Buyers?
If you’re thinking of buying a home, you’ll have less competition and more options than you would have had last year. Enjoy having more homes to choose from in your home search and lean on a trusted real estate professional to understand how the increase in supply has also increased your negotiation power.
What Does This Inflection Point Mean for Sellers?
If you’re looking to sell your house, know that inventory is still low overall. That means, if you work with an agent to price your house based on current market value, it will still sell despite the inventory gains and moderating buyer demand this year.


___________________ Contents of this video ____________________________

0:00 Intro
0:30 Graph of Supply and Demand Ratio Changing
1:35 What Does This Inflection Point Mean for Buyers?
2:08 What Does This Inflection Point Mean for Sellers?
2:38 The Bottom Line

For more info and ideas about real estate and selling or buying your property visit my website and other social media sites:
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