How Supply and Demand Impacts Real Estate Values

The price of any item is determined by the supply of that item, as well as the demand for that item in its market. The same is true in real estate. As the inventory of homes available for sale shrinks, and the demand that buyers have for those homes continues to grow, prices increase. Let's get together to discuss the supply and demand of homes in our market! Case in Point. I just listed a home in Davidson: http://www.tourfactory.com/2053739 With so little inventory we had 13 showing requests in the 1st day alone. We also had 3 offers and went under contract for above list price. Are you thinking of selling this year? We can help and save you money. Just ask how!!