Very constricted inventory contributes to well-priced homes receiving multiple offers.
Posted by Cary W Porter on
Here are a few of the many great reasons why you should consider selling your house right now. There aren’t many homes on the market so your house will stand out, we’re seeing an increase in the average number of offers sellers are getting, and your equity can help fuel your move.
Do to limited inventory (about 1.5 months of supply overall), it is an “excellent market for sellers.” As summer approaches, we expect to see increased activity with inventory “being snapped up as it comes onto the market and savvy buyers taking advantage of softening interest rates.”
The supply of housing remains limited due to a persistent shortage of available homes as fewer homeowners are putting their homes on the market after locking in low home mortgage…
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