#1 Reason to List Your House for Sale, NOW!
If you’re debating listing your house for sale, here’s the #1 Reason to List Your House for Sale, NOW!
#1 Reason to List Your House for Sale, NOW! Buyer Demand Continues to Outpace the Supply of Homes for Sale
The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory:
“Last month’s dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent. New and existing inventory is not keeping up with the fast pace homes are coming off the market.
Demand is easily outstripping supply in most of the country. It’s stymieing many prospective buyers from finding a home to purchase”.
The latest Existing Home Sales Report shows that there is currently a 4.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 4.6% lower than a year ago.
The chart below details the year-over-year inventory shortages experienced over the last 12 months:
Anything less than a six-month supply is considered a “seller’s market.”
Bottom Line
Let’s get together and discuss the supply conditions in your neighborhood. We’re able to assist you in gaining access to the buyers who are ready, willing and able to buy now!
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The Darney's are Interviewed in the Contra Costa Times…C.A.R. Reports Sharply Increased Home Prices
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HAFA…A Real Estate Agents Perspective
I found this post on a blog site predominately used by real estate agents. It's worth sharing with our readers, if your thinking about a short sale please read...This article was published back in April of 2010 just as we all anticipated the good new HAFA was about...
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