Click here to access a printable pdf version of this post Presiona aqui para version en español The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can …
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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. …
