This season there are less people selling.

Blog Post Image
Real Estate

If you are thinking about selling your home, you should know the number of homes for sale right now is extremely low compared to previous years. As Lawrence Yun, Chief Economist at National Association of Realtors said: "Inventory levels are at historic lows. Consequently, multiple offers are returning on a good number of properties".  There are a number of factors contributing to this trend. One major factor is homeowners are hesitant to let go of the low interest rate they currently have on their mortgage. A recent survey on shows 56% of homeowners that plan on selling in the next year or so are waiting for interest rates to come down. 

If you are ready to make a move, don't miss the opportunity to stand out with such low inventory. You could easily stand out to buyers competing for the limited homes for sale especially if you price it right.