A Tale Of Two Markets [INFOGRAPHIC]

Some Highlights:

• A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices!
• Inventory continues to rise in the luxury & premium home markets which is causing prices to cool.
• Demand continues to rise with low inventory in the starter & trade-up home markets, causing prices to rise!

Some More Data

Bottom Line

Whether you are a homeowner considering selling your current house and moving up to the home of your dreams, or a first-time buyer trying to purchase your first home, it’s a great time to move forward. If you have more questions about the Different Types of Markets or Whether or not its a good time to Buy/Sell, then talk to a REDCO Agent today!

Source: https://www.keepingcurrentmatters.com/2018/04/13/a-tale-of-two-markets-infographic/