More inventory means more options. Mark Fleming, First American’s Chief Economist, explained that this is good news for the housing market – especially for those looking to buy:
“The continued year-over-year growth in completions means more homes on the market in the short-term, offering some immediate relief in alleviating housing supply shortages.”
More inventory means more competition. Today, because of the tremendous lack of inventory, a seller can expect:
If you are considering selling your house, you’ll want to beat this new competition to market to ensure that you get the most attention on your listing and the best price for your house.
If you are ready to start your buying or selling process
give me a call at 478-954-3774 - I´m happy to answer all your questions.