Sellers Your Home Is An Oasis In An Inventory Desert

Dated: 12/01/2017

Views: 112

Sellers: Your Home is an Oasis in an Inventory Desert | MyKCM

First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand!

According to the National Association of Realtors (NAR), the inventory of homes for sale dropped 7.1% year-over-year to a 4.3-month supply and is down for the 25th consecutive month.

Some homeowners may be hesitant to list their homes for sale because they are worried that they will also have a problem finding a home to buy and move in to. This is a legitimate concern; no one wants to sell their home quickly and not have anywhere to live.

But there is good news! If you are thinking of moving up to a luxury or premium home, there is more inventory available in these markets and you may even get a great deal on a home that has been on the market for a while.

If you are the owner of a starter home and you are looking to move into a trade-up home, or if you are just looking to relocate to a new area in a home of the same size, there is still hope!

In many markets, homeowners are building contingency plans into their contracts. This means that the homeowner builds in extra time before they close in order to find their dream home and they are upfront about the contingency with any buyers who come to see the house.

Your home is an oasis to buyers who are searching for homes in today’s market. The right buyers will sympathize and wait for you and your family to find your next home.

Bottom Line

Don’t let the fear of not finding a home to move in to stop you from moving on with your life. Let’s get together to discuss ways to set expectations with potential buyers from the start.

Blog author image

Jason McLaughlin

THERE WERE TWO THINGS I WANTED TO DO WHEN I GOT OLDER! Number One: Make sure that I had the ability to take care of people in time of need. Number Two: Be involved in real estate. As for ....

Latest Blog Posts

Millionaire To Millennials Owning Your Home Can Help You Retire Sooner

In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if

Read More

Year One As A Realtor

Over the past few weeks, I have had a fair amount of people reach out to me asking how I was doing in Real Estate. Some were just curious about my progress others were thinking about getting into.

Read More

The Number 1 Reason To Put Your House On The Market TODAY

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted

Read More

Coming Soon Listing In Parker

Have you ever thought of having a beautiful home that looks at the mountains out your front window and the plains from the back? Well, you are in luck with this beautiful 5-bedroom, 3-bath home that

Read More