Uploaded on Aug 10, 2021
Real estate extensively depends upon the housing market; they typically rise and fall in sync. So therefore with rocketing housing supplies, real estate is also touching skies so gear up and decide what to do next.
Housing Supply Is Rising. What Does That Mean for You ?
www.paulsinghrealtor.com
Housing Supply Is
Rising. What
Does That Mean
for You ?
An important factor in today’s market is
the number of homes for sale. As the
inventory levels are continuously on
historic lows, there are indications that
we will experience a new lowest very
Although inventory has hit the bottom but stsioll otnh.e
unsold inventory in May was at 2.5 months supply
from 2.4.
Although the increase in homes for sale is slow, the
surge has been pretty constant. And this increase has
further left many buyers and sellers wondering the
same thing.
Buyers
Being a buyer, increasing inventory is
always welcomed. Increased supply would
often result in increased options while leaving
space for less competition and fewer bidding
wIf awres .go by the latest Monthly
Housing Market Trends Report, we
can observe a significant and
constant increase in the supply levels
unlike typical summer market:
Sellers
If you want to put off the idea of selling your
house then you should not wait much. In the
year 2021, the month over month increment
in the home sales have helped many buyers
but still the seller’s are sailing in stronger
The best time to sell your house is now, sellibngo ayotusr.
house this summer would let you maximize your
sales potential before other homes from your
neighborhood come into the market.
Contact Details
WEBSITE PHONE NUMBER EMAIL ADDRESS
www.paulsinghrealtor.com 559-905-5228 @paulsinghrealtor.com
Comments