Buyer Demand Continues To Outpace Inventory Of Homes For Sale

Dated: January 29 2018

Views: 100


The price of any item is determined by the supply of that item, as well as the market demand. The National Association of Realtors (NAR) surveys “over 50,000 real estate practitioners about theirexpectations for home sales, prices and market conditions” for their Realtors Confidence Index.Their latest edition sheds some light on the relationship between Seller Traffic (supply) and BuyerTraffic (demand). 

    Buyer Demand

 The map on the right was createdafter asking the question:

 “How would you rate buyer trafficin your area?” 

The darker the blue, the morebuyers are looking for homes inthat area. 

Only three states camein with a weak demand level.  



Seller Supply

The Index also asked:

 “How would you rate seller trafficin your area?” 

As you can see from the map onthe left, a good portion of thecountry has weak seller traffic,meaning there are far fewer homeson the market than what is neededto satisfy the buyers who are outlooking for their dream homes.

Bottom Line 

Looking at the maps above, it is not hard to see why prices are appreciating in many areas of thecountry. Until the supply of homes for sale starts to meet the buyer demand, prices will continueto increase.5

Blog author image

Terry Eibeck

Terry is the Principal Broker at Regional Realty. He is a motivated Realtor specializing with investors and new home buyers located in the following areas; Alexandria, Ft. Thomas, Ft. Mitchell, Indepe....

Want to Advertise on this Site?

Latest Blog Posts

Sell Your Home For Top Dollar All By Yourself

How to Sell Your Home Better Than Any Ordinary AgentWelcome FSBOs!!.Unlike some real estate agents, I don’t view For Sale By Owners as greedy or ignorant, but as patient and brave individuals for

Read More

DHF Questionnaire

What is your budget?How many bedrooms would you like?How many bathrooms would you like?Do you want a condo, townhome, single family home, multi family home, commercial, or land?What style would you

Read More

Glass Lane Farm

GET MORE INFOMORE LOCAL PROPERTIES FOR SALELand ListingsResidential ListingsDEAL OF THE DAY100 Acres w/ Nearly a Mile Of Road FrontageAt Regional Realty, we are pledged to the letter and the spirit

Read More

Secret List Of Homes

Hello Buyer!Thinking of buying soon? Great! Its a good time to buy. Mortgage rates are low and most of your social events have probably been cancelled because of COVID19 so you have more time to.

Read More