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

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

    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!  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:

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

    Bottom Line

    Meet with a local real estate professional who can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing and able to buy now!

    Keeping Current Matters with Rinehart Realty

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    Jordan Forney

    Jordan is a recent graduate of Lenoir-Rhyne University where he received his BA in Multimedia Communications while also playing football all four years that he was enrolled. Jordan has experience in writing and photography from his time working for the school newspaper, Lenoir-Rhyne News (LRN). He also has marketing experience with WLRZ 99.3 where Jordan produced and aired PSAs and was in charge of marketing with the social media accounts. He was a part of the marketing team for the Lenoir Oiler's baseball team as well where he had a lot of the same responsibilities. Now Jordan works at Rinehart Realty where he is increasing his experience by posting blogs, maintaining social media accounts, and working directly under the Director of Marketing.

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