buyers market: Oh inventory, where for art thou?
- 08/28/20 04:27 AM
When you hear a real estate talk about "Inventory", they are usually referring to actual homes that are listed for sale in the area. The balance between inventory and buyers in the market looking to buy homes drives whether the market is a "Sellers Market" or a "Buyers Market". At the moment, in the Atlanta area, we are in a seller's market. This means that there are too few homes for sale for the number of buyers looking to buy. What does this mean for sellers? It means that you may see multiple offers on your home quickly after your home is … (13 comments)
When you hear a real estate talk about "Inventory", they are usually referring to actual homes that are listed for sale in the area. The balance between inventory and buyers in the market looking to buy homes drives whether the market is a "Sellers Market" or a "Buyers Market". At the moment, in the Atlanta area, we are in a seller's market. This means that there are too few homes for sale for the number of buyers looking to buy.
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