
π°ππ You probably heard we have A LOT more inventory on the market. More homes for sale, and fewer buyers on the hunt, so why are home prices not dropping? Will they ever drop? π²π‘π² A quick lesson on balanced vs. unbalanced markets. π When there are six months of inventory on the market, buying demand can be met (a balanced market). But even now, our market only has a month of homes. So if we had no new listings, everything would be purchased within four weeks. π€ Education is crucial to your selling and buying power. Let’s connect if you have questions about your options. Melodee (303) 868-3097, Dianne (303) 249-7415.
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