• Home
    • Blog
    • Inventory of Homes Listed for Sale Continues to Decrease – Is Now the Time to Sell Your Home?

    Inventory of Homes Listed for Sale Continues to Decrease – Is Now the Time to Sell Your Home?

    us-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.” In the greater Atlanta area, according to FMLS data, homes listed for sale are down 18.2% from the same time last year.

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

    change-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 with both national and Atlanta real estate listing inventories at low levels.

    Contact Todd Lemoine and Lemoine Team and we will be happy to provide a complimentary pricing analysis and show you our proven marketing plan that gets homes sold quickly and for the highest price possible. Be sure to visit our website to search all homes for sale in Duluth, Suwanee, Alpharetta, Cumming, Roswell and all of North Atlanta real estate: http://www.LemoineTeam.com

     

    The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Todd Lemoine and Keeping Current Matters, Inc. do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Todd Lemoine and Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein. Equal Housing Opportunity.

    Trackback from your site.

    Leave a Reply