Supply and Demand Imbalance of Beautiful Homes

January 24th, 2009

If given the choice, people would buy beautiful homes rather than simple looking homes or even ugly homes. Right now, there is a supply and demand imbalance. There are many beautiful homes on the market for sale for very low prices, yet there are few buyers interested in seeing them.

The supply of beautiful homes far exceeds the demand by potential buyers.

With so many layoffs, they aren’t going to be even more beautiful homes on the market that the number of buyers would not increase by much. Some buyers are taking advantage of the current low interest rates on mortgages as well as low prices on homes.

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