Posts Tagged ‘home inventory’
5 Changes to Real Estate Markets That May Be on the Horizon
As many in the real estate industry anticipated, the mortgage interest rate has been raised, and predictions are that rates will go up again, possibly multiple times this year. What does that mean for home buyers, sellers and the real estate market in general? 1. Inventory will likely remain low. Since inventory in most markets…
Read More
Will Lack of Home Inventory Curtail Spring Selling Season? Buyers: Prepare
Many agents and home buyers are aware of the current shortage of homes for sale in many areas. In California there is currently a 4 month supply of homes, where 6 months is the norm and heading into the Spring it usually is higher. When desirable listings do come onto the market there is a…
Read MoreWhy is Home Inventory Scarce (even in San Diego County)?
If you are a buyer you have likely noticed that inventory is scarce right now, in San Diego county as well as many other areas. As we head into the Spring/Summer “busy” home selling season, many wonder whether the inventory will pick up, and that has some buyers and sellers worried. Here are some of…
Read More5 Reasons Why Now is the Best Time to Buy a Home
Many real estate agents, mortgage professionals and economists have been saying it: “now is a great time to buy.” In fact, those cries have been echoed for the last year or so. Interestingly, there ARE many ready buyers out there, but inventory is so low and it is very difficult to be the lucky one…
Read More