You'll hear "inventory is up" or "inventory is tight." But what does that mean for Volusia County real estate?
Inventory is simply the number of homes available right now. When inventory rises, buyers often get more choices and negotiating room. When it shrinks, well-prepared buyers and well-priced listings tend to move faster.
Also watch days on market and price reductions. A market can have "more listings" and still be competitive if the best homes are moving quickly. On the flip side, a market can look busy but be sluggish if many listings are overpriced.
At Adams, Cameron & Co., Realtors, we track local patterns so you can make decisions based on what's happening—not he...