Supply and Demand is happening in our Rhode Island real estate market-
The price of any item is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
Today, we have a lot of buyers looking and they are reporting back " there is nothing out there that is any good" and if it is " its gone in 2 days".
If you are a seller and contemplating putting your home on the market, DO IT NOW,
before all your neighbors do and you will get more for your place, its quite simple,
SUPPLY IS DOWN and DEMAND IS UP!
this could all change in a few weeks or a month when everyone else puts their home on the market. Get to it!
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