Why Are Inventories Low
Properties are just now reaching the point at which their values are high enough to sell without the home owner owing money after the sale. That trend is blended with the consistent rise in home values and homeowners are watching and waiting for prices to keep going up… up.… and away!
Why Should I Sell Now
Fact of the matter is that the housing market is volatile. Trends wax and wane and predicting the future market is a risky game to play when it comes to the worth of your home. The only thing we know for sure is that right now, buyers are looking at a small and ever-shrinking inventory pool. If sellers wait until that ‘perfect time’ to list, others will see the opportunity as well making your new-on-the-market home not so special… so the real estate pendulum will shift back to being a buyer’s market.