US Housing Inventory Hits A New Low List Your House TODAY

Dated: 07/24/2017

Views: 47

Image title


Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home.

Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year and has now fallen for nine consecutive quarters.” There is now 20% less inventory than there was five years ago.

Here is a chart showing the decrease in inventory levels by category:

U.S. Housing Inventory Hits a New Low… List Your House TODAY! | MyKCM

Bottom Line

Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2017, now may be the perfect time.



Read More>>https://www.mykcm.com/2017/07/24/u-s-housing-inventory-hits-a-new-low-list-your-house-today/

Blog author image

Julie Pruitt

I have that typical “I went on vacation and fell in love with the area and so we moved here” story. Hi, my name is Julie Pruitt and I am a proud Texas native. Prior to moving to Santa Rosa Beach, ....

Latest Blog Posts

409 Lakeview Dr Santa Rosa Beach Fl 32459

COASTAL DUNE LAKE FRONT. GULF VIEW. LARGE LOT. 0.852 acre of Florida paradise available for purchase on the east side of a rare coastal dune lake, with views of white sands and gulf waters just

Read More

JAGUARUNDI

Driving along 30A after dark is always challenging. Because of lighting restrictions the area is usually pitch-black, leaving one grateful that the deer grazing just inches off the roadway actually

Read More

Moving To The Beach Is Todays Reality For So Many

WALTON COUNTY, Fla. (WJHG/WECP) - One local area is booming. So much so, the U.S. Census Bureau has put it on the list for the Fastest Growing Counties in the Nation.Walton County seems to

Read More

House Prices Are Simply A Matter Of Supply Demand

Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of

Read More