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Housing Supply and Demand

As the data on the 2017 housing market becomes available, we can say one thing. If you are considering selling your house this year, it is time to list your home. We have not yet seen the February numbers, but January’s numbers were sensational.
Throughout the country improved consumer confidence and strong hiring has sparked interest from buyers looking to purchase a home. The market still has challenges but the housing market is off to a great start and buyers are finding inventory levels are inadequate. A typical housing market has a six month supply of homes available. Currently the national average is down to four months.
The laws of supply and demand are in play. With demand increasing and a shortage of inventory, this may be a great time to get a quick offer and a great price on your home. So give us a call, and let’s talk about getting your house sold now.
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