5 Tips to Get the Best Mortgage Rate!
RE Terms: Months of Supply!
What does “Months of Supply” tell us about the market? To break it down simply: 📊Balanced Market = 6 to 7 months of supplyThere are a relatively even number of buyers and sellers. 📈Seller’s Market = Fewer than 6 months of supplyThere are more buyers than homes for sale, thus sellers hold the upper hand. …
