Buyers or Sellers Market

Ever wonder what is the difference between a buyers and seller Market. Below is a graphic that we hope will help explain some of this environment. You can have a both buyers and sellers market simultaneously in different price categories.

• An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
• Inventory continues to rise in the luxury and premium home markets which is causing prices to cool. 
• Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.

Please visit Real Estate with Roby Robertson to find more information about the real estate market.