How does the 2021 Housing Market looks here in the Northern Kentucky?
I’m sure you’ve been hearing its a “sellers market” but what determines a sellers market and how long will it last?
First of all supply and demand determines what kind of market we are in when demand is high like now and there is less than four months of supply we are considered to be in a sellers market. When there is 6 months or more of supply its considered a buyers market and what we like to see is around four months of supply and that’s considered a stable or balanced market.
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