Housing Inventory Disappearing Around The Nation

Housing Inventory Disappearing Around The Nation

The price of any item is determined by the supply of that item, and the market demand. Inventory Levels & Demand Sales of existing homes rose 5.1% month-over-month in March and are 1.5% higher than this time last year. Total unsold housing inventory is 1.5% lower than March 2015 at a 4.5-month supply and remains well below the six months that is needed for a historically normal market.


simplifyingthemarket.comRead more about the housing situation around our Nation here...


Just realize that at all price points above $200,000 in the Disney Area Vacation Home Market we have over 9 months of housing inventory. It is clearly a buyer's market!


Image courtesy of Keeping Current Matters 


Lance Whipple PA Headshot
Author:
Phone: 407-494-6030
Dated: May 3rd 2016
Views: 810
About Lance: Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a...

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