1 Reason To List Your House For Sale NOW

Dated: 05/30/2017

Views: 17

#1 Reason to List Your House for Sale, NOW!

#1 Reason to List Your House for Sale, NOW! | MyKCM

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

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, and 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 and 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:

#1 Reason to List Your House for Sale, NOW! | MyKCM

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 to be able to assist you in gaining access to the buyers who are ready, willing and able to buy now!

Blog author image

Jeri Patrick

In today’s complex and difficult real estate market you need a professionals who will do whatever it takes to market and sell your home. Jeri Patrick has a team with an established history of succes....

Want to Advertise on this Site?

Latest Blog Posts

Jun 22 2018 5018 1

4 Reasons to Sell This Summer [INFOGRAPHIC]Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few

Read More

Jun 21 2018 5018 1

Homes are More Affordable in 44 out of 50 StatesWith both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American

Read More

Jun 20 2018 5018 1

3 Issues Facing Today’s Real Estate MarketLast week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the

Read More

Jun 19 2018 5018 1

Top 5 Reasons You Shouldn’t FSBOIn today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as&

Read More