The Real Estate Market Currently Has a Balance of Buyer Demand and Seller Supply

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Author: Monte Helme

Article source: http://www.articlealley.com/. Used with author's permission.

For the first time in eight years, the overall U.S. real estate market is experiencing a rare balance between home buyer demand and home seller supply, according to the latest "Current Market Conditions" quarterly survey.
Only 45% of respondents reported more buyers than sellers, compared to a 61%-39% ratio six months ago. Thirty-one percent reported more sellers than buyers; the remaining 24% said their markets are almost evenly divided. In the South, the Midwest, the Northeast and in California, the buyer-seller ratio closely matches the national figures.