What is the Home Inventory Mismatch Score? The home inventory mismatch score measures the types of homes buyers are searching for against the category of homes that are available on the market. For example: “If 60% of buyers are searching for starter homes but only 40% of listings are starter homes, the market mismatch score […]
Months of Inventory of Homes at a New High in Chesterfield Supply and demand … When there are plenty of widgets the price of widgets goes down. When there aren’t many widgets available-the price goes up. Simple economics. Question: What’s the market like in Chesterfield for 4 bedroom homes? Answer: There’s a lot of widgets. […]
How the Number of Months Supply of Homes Impacts Prices (Updated 3-10-14) How do you determine where home values are heading? One strong indicator is knowing how much inventory is for sale in any given area. You have probably heard on the news about inventories being low which has resulted in higher home prices for […]
