With Real Estate Headlines Buzzing, If You Are Wondering If Now Is The Time To Sell Your House…The Short Answer Is YES!!
Here are some top reasons why today’s inventory levels still mean that today’s market is a sweet spot for sellers:
1. Less Competition When You Sell
It’s essential to understand that despite the increase in the number of homes available for sale, inventory remains below the levels seen in a typical year. Nationally, there’s a nearly 40% decrease compared to 2019 indicating a significant shortfall that won’t be rectified immediately. Inventory is still far from returning to pre-pandemic levels.
2. More Options for Your Move
An article from Calculated Risk shows there are, nationally, 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown. The consistent year-over-year growth in inventory provides you with more options for your house hunt. Locating a property that meets your criteria may present less of a challenge than anticipated. If you were concerned about finding a suitable home once you sold your current one, this could offer the positive reassurance you’ve been seeking.
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