Search
Close this search box.

U.S. Housing Inventory Crunch Continues… List Your House Today!

Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.

Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!

At the same time, however, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “in Q4 2017, U.S. home inventory decreased by 10.5%. That is the biggest drop we’ve seen since Q2 2013.”

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

% Change in Inventory by Category

The largest drop in inventory was in the starter home category which saw a 19% dip in listings.

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 2018, now may be the perfect time.

Let's Get Started

Whether you're a first-time home buyer needing to navigate the complicated and stressful process of buying a home, or a seasoned homeowner wanting guidance and support while selling your current home, Tristan Bills has the experience and expertise to help you reach your goals.

Click Here
Facebook
Twitter
LinkedIn
Email
Print

Stop Renting, Start Living

Add a strong one liner supporting the heading above and giving users a reason to click on the button below.

Click Here

FREE!

Instant Home Value Report

Click Here

Related Posts