The National Housing Inventory Fell In December
Posted by William Doom in
Real Estate Investor on 01 13th, 2009 |
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(Image courtesy: The Wall Street Journal Online)
Home prices are largely based on Supply and Demand.
* If demand outweighs supply, home prices rise
* If supply outweighs demand, home prices fall
It’s good news for home sellers, therefore, that “used” homes for sale fell 6 percent nationally...