Available Now!4 BD / 3BA / 3-CAR / 3429 SQ FTWhy Buy New? Fully Landscaped and Fenced with Dog Run. Central Air. Custom blinds, all appliances included. UPGRADES. Immediate
Feb 2 2017 28633 1
Great Example of Supply vs Demand- The demand to buy is outpacing the supply of houses for sale. Having a visual to aid with the overall picture is always a plus. How does your state look?
The map below was created after asking the question: “How would you rate buyer traffic in your area?”
The darker the blue, the stronger the demand for homes in that area. Only six states had a weak demand level.
The Index also asked: “How would you rate seller traffic in your area?”
As you can see from the map below, the majority of the country has weak Seller Traffic, meaning there are far fewer homes on the market than what is needed to satisfy the buyers who are out looking for their dream homes.
Looking at the maps above, it is not hard to see why prices are appreciating in many areas of the country. Until the supply of homes for sale starts to meet the buyer demand, prices will continue to increase. If you are debating listing your home for sale, let’s get together to help you capitalize on the demand in the market now!
I arrived in Colorado Springs for a quick vacation in 1993 and within a few days I knew that this is where I belong! I transferred from the college I had just started attending in Orange County, CA an....