If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well
below historic norms and
buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.
Lawrence Yun,
Chief Economist at the
National Association of Realtors, recently
commented:
“Buyer interest is solid, but there is just not enough supply to satisfy demand. Prospective buyers are being sidelined by both limited choices and home prices that are climbing too fast.”
Read more
here.
