Trying to decide if now is a good time to sell your house? or is it better to wait?
Let’s talk about today’s housing supply and how it maybe an opportunity that you have been waiting for.
This graph shows the growing homes for sale this year: (see image below)
Notice the big increase we have seen since January but perspective is also important. Historically, we still need twice as much inventory available today to be what we will call a normal or balanced market. That’s why we are still technically in a sellers market. Believe it or not, in most areas we still don’t have enough homes to meet today’s demand. So what does that mean for you? There’s a buyer demand out there for your house and at the same time you should also have more options should you choose to move.
If you have been putting your plans to sell on hold maybe now might be the time to jump in. The evolving market will make it easier for you to sell and at the same time buy a home.