Despite the housing market calming from its previous fervor, despite the interest rates, and despite the sky's falling, it remains a seller's domain due to the scarcity of available homes for sale. The latest report from the National Association of Realtors reveals a notable shortage in housing inventory. Currently, the market operates with approximately a three-month supply of homes, a stark contrast to the six-month benchmark indicative of a balanced market. Lawrence Yun, NAR's Chief Economist, emphasizes the critical shortage, stating that the market could easily absorb a doubling of inventory. Again, a balanced market would have a six-month supply of homes.
For sellers, this presents a distinct advantage. With a high demand and limited supply, homes entering the market attract significant attention from eager buyers. Collaborating with me, an experienced local real estate agent, to list your property promptly, in optimal condition, and at an appropriate price point so you can potentially receive multiple offers, maximizing your returns.
If you enjoyed this post, please consider sharing it with others. 
items