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SCS: As inventory declines, house prices rise.

Market Watch: St. Clair Shores, Michigan. As the weather gets warmer and the ground starts to thaw, both potential purchasers and homeowners alike are getting ready to make the big move. Here is a detailed picture of the latest market activity in St. Clair Shores.

Screen Shot 2015-03-10 at 2.28.54 PM Screen Shot 2015-03-10 at 2.28.28 PM

When inventory decreases, prices generally rise. You can see from both charts that there is a direct relationship between price and inventory. As inventory declines throughout the year, prices generally start to creep up due to a higher number of buyers competing for fewer homes. Now would be a great time to consider purchasing or selling your home. As warm air blows in, both buyers and sellers alike are prepared to make a deal. We are your skilled negotiators always working on your side. Contact us today!

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