Low Inventory - What Does That Mean?
Cabarrus County Home for Sale Supply Jan 2014 |
Low Inventory is dominating the local and national housing market. What does that mean to YOU the Home Buyer and YOU the Home Seller?
Inventory is Lagging for Two Main Reasons:
- New Home Builders are just starting to build again after a long stagnant period
- Sellers/Potential Sellers are waiting to get higher prices
So is it a Good Time to Buy a Home? Absolutely!
- Home Buyers still have the advantage of relatively low interest rates
- Rents continue to rise and one can own a home sometimes for less than they can rent
- Home Prices have not rebounded completely and you can still get a great deal
What Does that Mean for You the Seller?
- If you are sitting on the fence and not sure whether its a good time to sell - call me - its a great time to sell!
- If you get onto the market when inventory is low, you can have the opportunity to sell your home more quickly and sometimes with multiple offers to choose from
Thinking of Selling Your Home - Let me show you whats for sale in the area and lets see how much your home is worth. You may be very pleasantly surprised.
Call or Text Me - Karen Browder Cell 704-534-9334
Take a look at the Market Insider and get a feel for real estate prices!
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