missyadams: New Hampshire Buyer Activity Continues Strong, Inventory Position Weak...
- 02/14/17 08:44 AM
The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).
In New Hampshire presently, the Demand is much higher than the Supply. This has caused a number of dynamics that have to be managed. Good propeties sell fast - but may also get into a bidding war. Properties may get overvalued and thus … (2 comments)
The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).
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