Low Inventory And Skyrocketing Home Buyer Demand Make It A Great Time To Sell

Dated: 09/23/2017

Views: 198

Image title

If you thought about selling your house this year, 

now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

Lawrence Yun, Chief Economist at the National Association of Realtors, recently :

“Buyer interest is solid, but there is just not enough supply to satisfy demand. Prospective buyers are being sidelined by both limited choices and home prices that are climbing too fast.”

Yun goes on to say:

“Current demand levels indicate sales should be stronger, but it’s clear some would-be buyers are having to delay or postpone their home search because low supply is leading to worsening affordability conditions.”

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction, including the inspection, appraisal and financing contingencies.



Image title


Thinking About Selling??? 

I'm all ears! 


How much is my home worth?


Contact Karen Komo . Keller Williams Realty . Toll Road Living Team 

Click Now! or Call/Text: 703-244-9343


Blog author image

Karen Komo

With over 14 years of full time experience in real estate, Karen Komo has gained industry recognition and has a solid reputation for professionalism and getting results. She knows that putting people ....

Want to Advertise on this Site?

Latest Blog Posts

How Long Does It Take To Buy A House

How Long Does It Take to Buy a House? It's a big question, especially for people who hope to time their home purchase with when their rental lease is up. Or before the start of school. Or when

Read More

The 1 Reason To List Your House Today

The #1 Reason to List Your House Today!HAPPY NEW YEAR!!! Many people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning

Read More

Home Prices Up 7 From Last Year

According to CoreLogic's latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0%-

Read More

5 Reasons To Sell This Winter

Here are five reasons listing your home for sale this winter makes sense.1. Demand Is StrongThe latest Buyer Traffic Report from the National Association of Realtors (NAR) shows

Read More