{"id":2470,"date":"2017-03-24T20:20:48","date_gmt":"2017-03-24T20:20:48","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/current-market-condition-update-how-low-supply-high-demand-impacts-the-real-estate-market\/"},"modified":"2017-03-24T20:20:48","modified_gmt":"2017-03-24T20:20:48","slug":"current-market-condition-update-how-low-supply-high-demand-impacts-the-real-estate-market","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/current-market-condition-update-how-low-supply-high-demand-impacts-the-real-estate-market\/","title":{"rendered":"Current Market Condition Update: How Low Supply &amp; High Demand Impacts the Real Estate Market"},"content":{"rendered":"<p>\n<\/p>\n<div style=\"margin-top: 25px; font-size: 18px; color: #666666; font-family: 'Open Sans', sans-serif;\" readability=\"37.828535669587\">\n<h3 style=\"margin: 1.25em 0px 0.2em; font-size: 41.13px; line-height: 1.3; font-weight: 300; letter-spacing: -0.035em; color: #00aeff;\"><span style=\"font-weight: bold;\">Some Highlights:<\/span><\/h3>\n<ul style=\"margin-left: 1.655em; list-style-type: disc;\">\n<li style=\"line-height: 1.8;\">The concept of Supply &amp; Demand is a simple one. The <a href=\"https:\/\/amazingproperty.com.ng\/blog\/best-time-to-sell-a-house\/\">best time to sell<\/a> something is when the supply of that item is low &amp; the demand for that item is high!<\/li>\n<p>&#13;<\/p>\n<li style=\"line-height: 1.8;\">Anything under a 6-month supply is a Seller\u2019s Market!<\/li>\n<p>&#13;<\/p>\n<li style=\"line-height: 1.8;\">There has not been a 6-months inventory supply since August 2012!<\/li>\n<p>&#13;<\/p>\n<li style=\"line-height: 1.8;\">Buyer Demand continues to outpace Seller Supply!<\/li>\n<p>&#13;\n<\/ul>\n<p>The <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> market is an extremely local market, meaning that what is true nationally for <a href=\"https:\/\/amazingproperty.com.ng\/blog\/sell-your-home-online-fast\/\">housing<\/a> is often times not true regionally and also not necessarily true for your local market. If you are planning to buy or <a href=\"https:\/\/amazingproperty.com.ng\/blog\/i-sell-my-house-fast-with-reputable-real-estate-agents\/\">sell a home<\/a> 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. \u00a0You can visit our website at www.comehomevirginia.com.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/realtytimes.com\/images\/Home_Buyer_Guide_Icon.JPG\" alt=\"Home Buyer Guide Icon\" style=\"margin-right: 3px; float: left;\"\/><\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/realtytimes.com\/images\/Home_Seller_Guide_Icon.JPG\" alt=\"Home Seller Guide Icon\"\/><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"http:\/\/realtytimes.com\/advicefromagents\/item\/1000961-current-market-condition-update-how-low-supply-high-demand-impacts-the-real-estate-market?\"> link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some Highlights: The concept of Supply &amp; Demand is a simple one. The best time to &hellip; <a title=\"Current Market Condition Update: How Low Supply &amp; High Demand Impacts the Real Estate Market\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/current-market-condition-update-how-low-supply-high-demand-impacts-the-real-estate-market\/\"><span class=\"screen-reader-text\">Current Market Condition Update: How Low Supply &amp; High Demand Impacts the Real Estate Market<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2471,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[695,1403,12908,543,5228,344,818,84,2878,219],"class_list":["post-2470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-owner","tag-agent","tag-buy","tag-home","tag-home-buying-guide","tag-home-seller-guide","tag-housing","tag-real","tag-real-estate","tag-real-estate-market","tag-realty"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Home_Buyer_Guide_Icon.JPG?fit=212%2C356&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3833,"url":"https:\/\/amazingproperty.com.ng\/blog\/is-this-the-best-sellers-market-ever\/","url_meta":{"origin":2470,"position":0},"title":"Is This the Best Seller&#039;s Market Ever?","author":"Amazing Property","date":"April 25, 2017","format":false,"excerpt":"The inventory squeeze has left home buyers with fewer options on the market than they've seen in decades. While that's bad news for them, the continuously high demand means it's one of the best times to be a seller\u2014ever. \"I've been selling real estate for 25 years, and this is\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33729,"url":"https:\/\/amazingproperty.com.ng\/blog\/luxury-real-estate-market-increase-in-demand\/","url_meta":{"origin":2470,"position":1},"title":"Luxury real estate increased in demand","author":"Amazing Property","date":"April 6, 2022","format":false,"excerpt":"The Nigerian luxury real estate market is getting a significant boost. The Nigerian luxury real estate market is getting a significant boost from increasing number of wealthy individuals, who are seeking to own multiple homes and new portfolios. The luxury residential market increased last year as a result of the\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"luxury real estate","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/08\/Real-estate-blog-in-Nigeria.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":4920,"url":"https:\/\/amazingproperty.com.ng\/blog\/nigerias-commercial-real-estate-market-outlook-still-gloomy\/","url_meta":{"origin":2470,"position":2},"title":"Nigeria\u2019s commercial real estate market outlook still gloomy","author":"Amazing Property","date":"June 12, 2017","format":false,"excerpt":"An illustration of a proposed commercial development. PHOTO: UBOSI ELEH AND COMPANY Uncertainties in the real estate industry have continued to dampen commercial property market, on the back of a turbulent Nigerian economy. And this monetary and fiscal polices largely driven by the country\u2019s macroeconomic fundamentals, stoked inflation, slowed economic\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Ubosi-12-06-2017.jpg?fit=1200%2C676&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Ubosi-12-06-2017.jpg?fit=1200%2C676&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Ubosi-12-06-2017.jpg?fit=1200%2C676&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Ubosi-12-06-2017.jpg?fit=1200%2C676&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Ubosi-12-06-2017.jpg?fit=1200%2C676&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7958,"url":"https:\/\/amazingproperty.com.ng\/blog\/experts-forecast-real-estate-sub-sector-as-investor-hub-in-2018\/","url_meta":{"origin":2470,"position":3},"title":"Experts forecast real estate sub-sector as investor hub in 2018","author":"Amazing Property","date":"January 30, 2018","format":false,"excerpt":"By\u00a0Kingsley Adegboye Experts in real estate sub-sector of the nation\u2019s economy have identified the sub-sector as one of the potential revenue drivers for the Nigerian economy in 2018. This is based on the sector\u2019s performance so far in the year as well as outlook for the rest of the year.\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Housing Starts","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/UK_Housing_Market32.jpg?fit=446%2C269&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2253,"url":"https:\/\/amazingproperty.com.ng\/blog\/can-canada-tax-its-way-out-of-high-house-prices\/","url_meta":{"origin":2470,"position":4},"title":"Can Canada Tax Its Way Out Of High House Prices?","author":"Amazing Property","date":"March 20, 2017","format":false,"excerpt":"Everyone wants to do something about high house prices in the greater Vancouver and Toronto regions, but few can agree on what that \"something\" should be.\r \r In Toronto, is it a matter of too much demand for housing, or too little supply? \r \r \"The population of the GTA\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/8d5bad8d647749ffb09f2d4f7f672518_S.jpg?fit=424%2C351&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2515,"url":"https:\/\/amazingproperty.com.ng\/blog\/2-different-markets-inventory-mismatch-paints-a-very-revealing-housing-picture\/","url_meta":{"origin":2470,"position":5},"title":"2 Different Markets: Inventory Mismatch Paints a Very Revealing Housing Picture","author":"Amazing Property","date":"March 23, 2017","format":false,"excerpt":"The inventory of existing homes for sale nationally in today\u2019s market was recently reported to be at a 3.6-month supply... According to the NAR -\u00a0National Association of Realtors\u00a0latest\u00a0The\u00a0Existing Home Sales Report. Inventory is now 7.1% lower than last year at this time, this is the 20th\u00a0consecutive month of year-over-year drops.\u2026","rel":"","context":"In &quot;Property owner&quot;","block_context":{"text":"Property owner","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/property-owner\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/20170315-STM-ENG1.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/20170315-STM-ENG1.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/20170315-STM-ENG1.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/20170315-STM-ENG1.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/20170315-STM-ENG1.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/2470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=2470"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/2470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/2471"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=2470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=2470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=2470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}