Selling your Home Video Series: Episode 1 - Housing Inventory
Selling Your Home Video Series: Episode 1 - Housing Inventory
My name is Stacia Whatley with StaciaSellsHomes + Associates and today is our first video in our new series on, how to sell your home in today’s housing market.
Today’s topic: Housing inventory and what does that mean if I’m thinking about selling my home?
Since the announcement about the restrictions loosening soon, we’ve already seen a small shift and I’ve been asked a lot lately how will this effect the housing market?
In the last 3 weeks, since the announcement, we’ve seen more new listings hit the market, then this same time last year.
This isn’t reason to sound the alarm just yet! We are still in a strong sellers market due to the fact that we only have around 2-3 weeks worth of inventory. Even with the recent influx of new listings, they’re still selling just as fast. A normal market has 6-7 months worth of homes for sale. We have a long way to go before we hit normal.
The small shift is also due to the time of year. We always see more homes come on the market in the Spring and Summer months.
So what does this mean for you?
If you choose to sell your home in the next few months, you’ll still get top dollar and when you re-purchase, there will be more options for you to choose from.
Thank you for joining us today for our first video in our new series. Join us next week for an in depth discussion about, “How to sell and re-purchase a home at the same time?”
If you would like to discuss if now is the right time to sell your home or have specific questions about todays topic, contact us today!
