Account: Login or Signup

706-970-7120 info@bestmountaindeals.com

Buyer Demand Still Outpacing the Supply of Homes for Sale

The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.

Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).

Buyer Demand

The map below was created after asking the question: “How would you rate buyer traffic in your area?”

Buyer Demand Still Outpacing the Supply of Homes for Sale | MyKCM

The darker the blue, the stronger the demand for homes in that area. Only four states had a ‘stable’ demand level.

Seller Supply

The index also asked: “How would you rate seller traffic in your area?”

As you can see from the map below, 25 states reported ‘weak’ seller traffic, 21 states reported ‘stable’ seller traffic, 3 states and Washington D.C. reported ‘strong’ seller traffic, and only 1 state reported ‘very strong’ seller traffic. This means there are far fewer homes on the market than what is needed to satisfy the buyers who are out looking for their dream homes.

Buyer Demand Still Outpacing the Supply of Homes for Sale | MyKCM

Bottom Line

Looking at the maps above, it is not hard to see why prices are appreciating in many areas of the country. Until the supply of homes for sale starts to meet buyer demand, prices will continue to increase. If you are debating listing your home for sale, let’s get together to help you capitalize on the demand in the market now!

Get the info that you want - right now!

Is a Major Home Renovation Worth It in the Long Run?

If you are debating a major renovation that would change the layout of your home, before you pick up that sledgehammer, let’s get together and discuss the available listings in our area that might meet your needs today!

Read More

Housing Market Expected To “Spring Forward” This Year

If you are planning on selling your home in 2018, let’s get together to evaluate the opportunities in our market.

Read More

NOT Owning Your Home Can Cost You a Lot of Money!

Owning a home has always been, and will always be, better from a financial standpoint than renting.

Read More

About Area

Come kickback, relax, and enjoy the Blue Ridge Mountains! Whether you are looking to get back to nature on the Appalachian Trail or Lake Nottely, take in one of our many festivals, or visit some of the local artisan shops you will find it in Blairsville, GA.

Featured Properties

7120 CANAAN DR,
Hiawassee

  • 2 Bathrooms
  • 3 Bedrooms
  • $ 224900

4 EAGLE HEIGHTS,
Hiawassee

  • 1 Bathrooms
  • 2 Bedrooms
  • $ 69000

3570 FODDER CREEK,
Hiawassee

  • 4 Bathrooms
  • 3 Bedrooms
  • $ 1340000

Client Reviews

Subscribe to our Monthly Mountain Market Report

Subscribe to our Monthly Mountain Market Report . All fields with an * are required.