Market Equilibrium? - 0 views
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Andrzej Z on 12 Oct 12It is an opinion article about the real-estate market. This article explain how the people investigate this market to make prediction about the homes prices. " if the inventory of homes available for sale is greater than the number of homes sold in a year, it is probably a "buyers market"; conversely, if the inventory is less than the prior year's sales, it can be considered a "sellers market". This is based on the basic economic theory that when supply exceeds demand, there is downward pressure on prices; and when demand exceeds supply, there is upward pressure on prices." You can find information about what type if homes the people need in Florida USA. Somes places have an excess of single family houses avaible for sale, but they they are shortage of condos and villas. In other places the situation is reversed.