[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3irmc8ujp42k8":3,"$ffeh0925h8cuz":47,"$f2emv3tus0uf1":51,"$fbwk2pqjjqsc7":55},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},925,"a-tale-of-two-markets-a-6-month-update","A Tale of Two Markets: A 6-Month Update","Six months ago, we \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2017\u002F03\u002F15\u002Fa-tale-of-two-markets-inventory-mismatch-paints-a-more-detailed-picture\u002F\">reported\u003C\u002Fa> that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F10\u002F03153719\u002F20171004-Share-STM.jpg","Six months ago, we \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2017\u002F03\u002F15\u002Fa-tale-of-two-markets-inventory-mismatch-paints-a-more-detailed-picture\u002F\">reported\u003C\u002Fa> that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets.\u003C!--more-->\r\n\r\nIn the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a \u003Cstrong>seller’s market.\u003C\u002Fstrong> In the premium, or luxury, home categories, the opposite was true as there was a surplus of these homes compared to the buyers that were out searching for their dream homes, which created a \u003Cstrong>buyer’s market.\u003C\u002Fstrong>\r\n\r\nAccording to the \u003Cem>National Association of Realtors\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fexisting-home-sales-subside-17-percent-in-august\">latest\u003C\u002Fa> \u003Cem>Existing Home Sales Report\u003C\u002Fem>, the inventory of existing homes for sale in today’s market is at a 4.2-month supply. Inventory is now 6.5% lower than this time last year, marking the 27\u003Csup>th\u003C\u002Fsup> consecutive month of year-over-year decreases.\r\n\r\nLooking at the latest \u003Ca href=\"https:\u002F\u002Fwww.trulia.com\u002Fblog\u002Ftrends\u002Fmismatch-q317\u002F\">report\u003C\u002Fa> from \u003Cem>Trulia\u003C\u002Fem>, we can see that not much has changed, and in fact, recent natural disasters across the country have made inventory conditions even more dire.\r\n\r\n\u003Cem>Trulia’s\u003C\u002Fem> market mismatch score measures the search interest of buyers against the category of homes that are available on the market. For example: \u003Cem>“if 60% of buyers are searching for starter homes but only 40% of listings are starter homes, [the] market mismatch score for starter homes would be 20.”\u003C\u002Fem>\r\n\r\nThe results of their latest analysis are detailed in the chart below.\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F10\u002F20171004-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-36291\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F10\u002F20171004-STM-ENG.jpg\" alt=\"A Tale of Two Markets: A 6-Month Update | Simplifying The Market\" width=\"600\" height=\"450\" \u002F>\u003C\u002Fa>\r\n\r\nNationally, buyers are searching for starter and trade-up homes and are coming up short with the listings available, which is leading to a highly competitive seller’s market in these categories.\r\n\r\nPremium homebuyers, on the other hand, have the best chance of less competition and more inventory of listings in their price range with a 14.7-point surplus, which is creating more of a buyer’s market.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nReal estate is local. If you are thinking about buying OR selling this fall, let’s get together to discuss the exact market conditions in your area.","\r\nReal estate is local. If you are thinking about buying OR selling this fall, let’s get together to discuss the exact market conditions in your area.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F10\u002F20171004-STM-ENG.jpg",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},11,"First-Time Buyers","first-time-buyers",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up","2017-10-04T10:00:22Z","2017-10-04T10:46:26Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},924,"you-dont-want-to-hear-this-from-your-listing-agent","You Don't Want to Hear This from Your Listing Agent","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F09\u002F19113959\u002F20171003-Share-STM.jpg","2017-10-03T10:00:22Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},926,"the-truth-about-homeowner-equity","The Truth About Homeowner Equity","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F10\u002F04122556\u002F20171005-Share-STM.jpg","2017-10-05T10:00:53Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":52,"open":53,"shareSpread":54},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[56,60,61,62,66,70,74,75,79,83,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156,160],{"id":57,"name":58,"slug":59},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":63,"name":64,"slug":65},7,"Foreclosures","foreclosures",{"id":67,"name":68,"slug":69},8,"Infographics","infographics",{"id":71,"name":72,"slug":73},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},{"id":76,"name":77,"slug":78},34,"Senior Market","senior-market",{"id":80,"name":81,"slug":82},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},{"id":85,"name":86,"slug":87},41,"For Sale by Owner","for-sale-by-owner",{"id":89,"name":90,"slug":91},42,"Featured","featured",{"id":93,"name":94,"slug":95},45,"New Construction","new-construction",{"id":97,"name":98,"slug":99},52,"Luxury \u002F Vacation","luxury--vacation",{"id":101,"name":102,"slug":103},53,"Rent vs. Buy","rent-vs-buy",{"id":105,"name":106,"slug":107},80,"Time-sensitive","time-sensitive",{"id":109,"name":110,"slug":111},81,"Outdated","outdated",{"id":113,"name":114,"slug":115},147,"Internal","internal",{"id":117,"name":118,"slug":119},148,"Do Not Autopost","do-not-autopost",{"id":121,"name":122,"slug":123},320,"Inventory","inventory",{"id":125,"name":126,"slug":127},321,"Agent Value","agent-value",{"id":129,"name":130,"slug":131},322,"Affordability","affordability",{"id":133,"name":134,"slug":135},323,"Buying Tips","buying-tips",{"id":137,"name":138,"slug":139},324,"Downsize","downsize",{"id":141,"name":142,"slug":143},325,"Economy","economy",{"id":145,"name":146,"slug":147},326,"Equity","equity",{"id":149,"name":150,"slug":151},327,"Forecasts","forecasts",{"id":153,"name":154,"slug":155},328,"Selling Tips","selling-tips",{"id":157,"name":158,"slug":159},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":161,"name":162,"slug":163},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]