3,559,545
Per Copilot (AI)
False. Low inventory typically means there are fewer homes or products available for sale, which often leads to increased competition among buyers. As a result, sellers are usually less flexible on pricing and may even raise prices due to higher demand.
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Steve Higgins
Kelowna, BC
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Thomas J. Nelson, REAL...
San Diego, CA
-
Bob "RealMan" Timm
Minot, ND
-
Kat Palmiotti
Kalispell, MT
-
Gary Frimann CRS, GRI,...
Gilroy, CA
1,729,529
The Law of Supply & Demand says FALSE.
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Steve Higgins
Kelowna, BC
-
John Juarez
Fremont, CA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Gary Frimann CRS, GRI,...
Gilroy, CA
-
Kat Palmiotti
Kalispell, MT
-
Bob "RealMan" Timm
Minot, ND
-
Thomas J. Nelson, REAL...
San Diego, CA
2,760,100
FALSE! I think it's the opposite of that Peter Mohylsky, www.athome30a
-
Steve Higgins
Kelowna, BC
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Gary Frimann CRS, GRI,...
Gilroy, CA
-
Kat Palmiotti
Kalispell, MT
-
Thomas J. Nelson, REAL...
San Diego, CA
-
Bob "RealMan" Timm
Minot, ND
3,460,687
False. It's a supply and demand thing.
-
Steve Higgins
Kelowna, BC
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Bob "RealMan" Timm
Minot, ND
-
Gary Frimann CRS, GRI,...
Gilroy, CA
1,780,051
I wish it were true, but unfortunately it is false for the most part.
-
Eagle Ridge Realty
Gilroy, CA
-
Steve Higgins
Kelowna, BC
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Thomas J. Nelson, REAL...
San Diego, CA
-
Bob "RealMan" Timm
Minot, ND
284,587
I’d say false. Low inventory means the seller can most likely get their price since they know there’s slim pickings.
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Thomas J. Nelson, REAL...
San Diego, CA
-
Bob "RealMan" Timm
Minot, ND
-
Kat Palmiotti
Kalispell, MT
-
Gary Frimann CRS, GRI,...
Gilroy, CA
5,800,191
I would say that's false. Unless you mean sellers are more flexible on getting offers over asking price.
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Steve Higgins
Kelowna, BC
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
-
Carol Williams
Wenatchee, WA
-
Katina Hargrove 352-55...
Sorrento, FL
458,420
Computer says No.
Seriously though, most of the time when I read about low inventory- it's related to normal or high demand...but what if demand is low as well. That has been the case in Manhattan for the last few years- low supply and low demand. They are not equilibrium but that is the issue. I don't have lots of buyers right now- but I also don't have much to show those buyers either. As for the listing side, I am urging sellers to be cautious because even though it's possible they might have low or even no competition- it doesn't mean the demand is there either- and a lot of listings that fit this description are lingering.
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Bob "RealMan" Timm
Minot, ND
2,772,007
Neither true no false. Other factors may be involved. As the late June Allyson said, "Depends."
-
Steffy Hristova
Tempe, AZ
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Katina Hargrove 352-55...
Sorrento, FL
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Bob "RealMan" Timm
Minot, ND
2,995,354
false
-
Richie & You
Riverside, CA
-
John Juarez
Fremont, CA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Bob "RealMan" Timm
Minot, ND
-
Kat Palmiotti
Kalispell, MT
956,475
False. Unless you mean sellers were SO flexible, everything sold out?
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Gary Frimann CRS, GRI,...
Gilroy, CA
2,359,051
Low inventory means sellers can flex their pricing muscles. Jack up the wiggle room Peter Mohylsky, www.athome30a. But if over market value bank financed sale? Rut Rho Scoobie, the appraiser says not so fast.
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Steffy Hristova
Tempe, AZ
-
John Juarez
Fremont, CA
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Katina Hargrove 352-55...
Sorrento, FL
5,964,712
False - proper pricing moves with the times. Low inventory, sellers and listing agents get a bit more aggressive because it fits the time.
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
563,429
False.
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
7,190,957
No.
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John Juarez
Fremont, CA
-
Bob "RealMan" Timm
Minot, ND
-
Katina Hargrove 352-55...
Sorrento, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
832,140
I don't think the amount of inventory is a determining factor. Their agent expressing this, time on market and comparable listing and sales really wins the day.
-
Steffy Hristova
Tempe, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Katina Hargrove 352-55...
Sorrento, FL
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Gary Frimann CRS, GRI,...
Gilroy, CA
626,149
Peter Mohylsky, www.athome30a many variables, so it depends.
-
Steve Higgins
Kelowna, BC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
2,178,977
J.T.O.
(Just The Opposite)
-
John Juarez
Fremont, CA
-
Katina Hargrove 352-55...
Sorrento, FL
-
Matthew Sturkie, CRS, ...
Apple Valley, CA
-
Bob "RealMan" Timm
Minot, ND
1,641,455
False
Low inventory means buyers have fewer houses from which to select which means that more buyers are competing for fewer houses which often leads to multiple offers which keeps pressure on prices moving upwards.
-
Bob "RealMan" Timm
Minot, ND
-
Steffy Hristova
Tempe, AZ
-
John Juarez
Fremont, CA
758,259
Demand plays a big role, too. Low inventory and low demand, yes, Sellers decrease prices. Low inventory and high demand, Sellers increase prices.
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Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
870,742
False, with low inventory it's a sellers market and they can pretty much dictate their price.
-
Bob "RealMan" Timm
Minot, ND
-
Steffy Hristova
Tempe, AZ
5,660,726
Sorry but I have to say false but in some cases sellers need to sell and are flexible
-
Bob "RealMan" Timm
Minot, ND
-
John Juarez
Fremont, CA
1,590,115
False. Low inventory typically means higher prices, assuming buyers are buying and outnumber listings.
-
Fred Griffin Florida R...
Tallahassee, FL