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 shortage:
"With
demand holding firm and homes selling even faster than a year ago, the
notable increase in closings in recent months took a dent out of what was
available for sale. Realtors are acknowledging, with increasing frequency
lately, that buyers continue to be frustrated by the tense competition and
lack of affordable homes for sale in their market."
The
latest Existing
Home Sales Report shows that there is currently a 4.6-month
supply of homes for sale. This remains lower than the 6-month supply
necessary for a normal market and 5.8% lower than June 2015.
The chart below details the year-over-year inventory shortages experienced
over the last 12 months: 
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!
David Demangos
858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist
David@AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!
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