Market Monday May 15 2023
This Market Monday is all about prices.💲💲💲💲💲💲
Prices nationwide might be down 4%, but prices are UP in our market. If you’ve been home shopping this comes as no surprise to you. There are probably a few “I should have” houses in your rear view mirror.
If you watch my Market Mondays, I focus on supply and demand, because these tell you where things are headed, and pardon me if I’m wrong, but I think that’s the 🔑 you are looking for.
This week supply and demand were almost in equilibrium, but not quite… too early to call this a trend, but if we start to see these numbers falling in step, the price acceleration may slow.
If you are looking to BUY or SELL in the Hilton Head or Bluffton area, be sure to reach out. I can’t wait to hear from you!