Posts

Showing posts with the label low inventory real estate market

Experts Project Home Prices Will Rise over the Next 5 Years

Image
  This article is a good reflection of what I'm seeing as an agent.  I thought you would find it as interesting as I did.   If you have any questions about this projection, please give me a call! (858) 382-3763   Your Forever Agent,   Hope Leitner, Realtor®, CRS,  CA DRE #01874321   Chairman’s Circle Diamond Level 2022  – Top 1/2 of 1% BHHS Agents Nationwide   Christie D. Horn and Associates Berkshire Hathaway HomeServices | California Properties 3790 Via de la Valle, Suite 201, Del Mar, CA 92014    Cell: (858) 382-3763 Email: Hope@CDHorn.com   Website:   hopeleitner.com Blog:   http://hopeleitner. blogspot.com Experts Project Home Prices Will Rise over the Next 5 Years Even with so much data showing  home prices  are actually rising in  most of the country , there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a  recent survey  from  Fannie Mae  shows that 23% of consumers think prices will fall over the next 12 months. That

The Perks of Selling Your House When Inventory Is Low

Image
  When it comes to  selling your house , you’re probably trying to juggle the current market conditions and your  own needs  as you plan your move. One thing that may be working in your favor is how few homes there are for sale right now. Here’s what you need to know about the current  inventory  situation and what it means for you. The Supply of Homes for Sale Is Far Below the Norm When you’re selling something, it helps if what you’re selling is in demand, but is also in  low supply . Why? That makes it even more desirable since there’s not enough to go around. That’s exactly what’s happening in the housing market today. There are more buyers looking to buy than there are homes for sale. To tell the story of just how low  inventory  is, here’s the latest information on active listings, or homes available for sale. The graph below uses  data  from  Realtor.com  to show how many active listings there were in September of this year compared to what’s more typical in the market. As you c