Supply and Demand

                                                                                                                     

    In the Tuscaloosa Market we are experiencing Low Inventory. If you Remember your Economics class in School you will understand what I am referring to. When one has a product to sell and the supply is lower than the demand you tend to be able to ask a premium for the product. We see this consistently with the cost of Gas as long as all is well in the Gulf Gas prices tend to drop. Then after a storm like we see in the Gulf now and the one that has flooded Texas the speed of supply has dropped causing our gas prices to rise again. This is also true in the world of Real Estate. You may hear the terms buyers market or sellers market? This is referring to the amount of buyers we have vs sellers. Due to the fact we have limited houses on the market especially in certain areas We tend to be able to ask a premium price for those homes. By contacting Williamson Realty Group you can learn how much your home is worth and what the average days on market is.

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    Our agents write often to give you the latest insights on owning a home or property in the local area.

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