In a sunny town called Fairview, there was a small, slightly worn-out house on Maple Street. It wasn’t fancy, but it had good bones, a solid roof, and a nice yard.
She listed the house for . Why $275,000 and not $150,000? Because in Fairview, more people wanted to buy homes than there were homes for sale. A new tech company had opened nearby, bringing jobs and families. That’s demand . The limited number of houses was supply . High demand + low supply = higher prices. como funciona el real estate
Enter Leo, a young graphic designer. Leo had saved $27,500 for a down payment (10% of $275,000). He couldn’t pay the rest in cash, so he went to a bank. In a sunny town called Fairview, there was