How Sellers Win When Housing Inventory Is Low

Blog Post Image
Real Estate

Click Here For Video! Click Here For Video! Click Here For Video! Click Here For Video! Click Here For Video! Click Here For Video! Click Here For Video!

 
 

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season.

1. Higher Prices


With so many more buyers in the market than homes available for sale, homebuyers are frequently getting into bidding wars for the houses they want to purchase. According to the latest data from the National Association of Realtors (NAR), homes are receiving an average of 3.7 offers in today’s market. This buyer competition drives home prices up. As a seller, this certainly works to your advantage, potentially netting you more for your house when you close the deal.

2. Greater Return on Your Investment


Rising prices mean homes are also gaining value, which increases the equity you have in your home. In the latest Homeowner Equity Insights Report, CoreLogic explains:

“In the second quarter of 2021, the average homeowner gained approximately $51,500 in equity during the past year.
This year-over-year growth in equity gives you the ability to sell your house and then put that money toward a down payment on your next home, or to keep it as extra savings.

3. Better Terms


In a sellers’ market like we have today, you’re in the driver’s seat if you make a move. You have the power to sell on your terms, and buyers are more likely to work with you if it means they can finally land their dream home.

So, is low housing inventory a big deal?


Yes, especially if you want to sell on your terms. Moving now while inventory is so low is key to maximizing your opportunities.

Bottom Line


If you’re interested in taking advantage of the current sellers’ market, let’s connect today to determine your best move.

MONICA ROSELLI, P.A.
THE ROSELLI TEAM

REALTOR®
Real Estate Consultant
C. 954.895.4991
results@theroselliteam.com
RoselliRealEstateTeam.net

Facebook Icon  Linkedin Icon  Instagram Icon   Twitter Icon   YouTube Icon   
WIRE FRAUD IS REAL. Before wiring any money, call the intended recipient at a number you know is valid to confirm the instructions. Additionally, please note that the sender does not have authority to bind a party to a real estate contract via written or verbal communication. Real estate agents are independent contractor sales associates, not employees. Owned by a subsidiary of Realogy Brokerage Group LLC.