1 Reason To List Your House For Sale NOW

Dated: 06/01/2017

Views: 115

#1 Reason to List Your House for Sale, NOW! | ExitFamilyRealty




If you are debating listing your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes for Sale 

The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory:

Last month’s dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace homes are coming off the market.

Demand is easily outstripping supply in most of the country and it’s stymieing many prospective buyers from finding a home to purchase”.

The latest Existing Home Sales Report shows that there is currently a 4.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 4.6% lower than a year ago.

The chart below details the year-over-year inventory shortages experienced over the last 12 months:

#1 Reason to List Your House for Sale, NOW! | MyKCM


Anything less than a six-month supply is considered a “seller’s market.”


Bottom Line

Let's get together and discuss the supply conditions in your neighborhood to be able to assist you in gaining access to the buyers who are ready, willing and able to buy now!

Blog author image

Joanne Mills

Joanne Mills is the Broker Owner of Exit Family Realty in Lindenhurst, NY. Joanne’s has created of brokerage of highly motivated, professional associates making a powerful, positive impact on client....

Latest Blog Posts

West Babylon House For Sale

West Babylon Schools-beautiful house for sale- Fully dormered and extented -great for large family!open house coming soon-call, text or email me for more information!Susan Cavanagh631-223

Read More

Amityville Colonial Tudor

Beautiful Tudor inspired Colonial home in South Amityville-Great taxes, 3 bedrooms, 1 bath, great property 92x117!For more information call, text or email me -open house coming soon!Susan-

Read More

Whose Mortgage Do You Want To Pay Yours Or Your Landlords

There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your

Read More

One More Time You Do Not Need 20 Down To Buy A Home

The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have

Read More