Factors Impacting Supply & Demand on Real Estate That Influence Prices

Updated: Apr 17

Above: Richmond - Image by Author

Impact of Supply & Demand on Real Estate

Where to See Many of the Numbers Below for SE VA

Where to See Migration Patterns

Factors Affecting Real Estate Supply and Demand

Quotes in this section as well are from Moseley Real Estate School in their broker course.

Virginia Beach MSA vs Detroit MSA Referenced Below

a. Demographics (i.e. population size & growth)

b. Unemployment/Income

c. Cost/Availability of Credit

d. Cost/Availability of Labor and Materials

e. Governmental Policies (Especially Tax Rates)

ADAM GARRETT