“With less competition and prices rising, the winter months are a great time to list your home.”
- Existing Home Sales are currently at an annual pace of 5.46 million.
- The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply.
- Inventory remains low due to high demand from buyers who are still looking for a house to buy!
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Make sure to work with a trusted real estate professional along the way, to help guide you through the homebuying process steps specific to your area.
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale.
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors.
Here’s a look at the two surprising things buyers seem to be searching for in today’s market, and how they’re impacting new home builds.