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Current Market Condition Update: How Low Supply & High Demand Impacts the Real Estate Market

Amazing Property March 24, 2017

Some Highlights:

The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!

Anything under a 6-month supply is a Seller’s Market!

There has not been a 6-months inventory supply since August 2012!

Buyer Demand continues to outpace Seller Supply!

The real estate market is an extremely local market, meaning that what is true nationally for housing is often times not true regionally and also not necessarily true for your local market. If you are planning to buy or sell a home in the Northern Virginia areas including but not limited to Fairfax, Alexandria, Arlington, Falls Church please get in touch with us at the Dave Martin Realty Group. You can visit our website at www.comehomevirginia.com.

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