Have you heard that the housing market is softening? Team Nest Builder knows buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there’s still a severe shortage of listing inventory.
In a recent interview discussing the housing market, First American’s Chief Economist Mark Fleming put it simply:
“The biggest challenge is really the availability of supply.”
According to available inventory numbers released by the National Association of Realtors (NAR), the actual number of homes for sale has decreased in each of the last five months.
What does this mean to you as a home seller? Selling when there’s less competition guarantees you a better price and fewer hassles in the transaction.
The bottom line: If you are thinking of selling your house this year, list now.
Curious about what YOUR New Jersey home is worth? Click HERE now to find out, fast and free! Then contact Team Nest Builder’s Lynn Garafola at 973-222-3777 to perform a more detailed equity review and determine the demand for your home in today’s market! Interested in a FREE home seller's guide? Click HERE!
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