A survey by the National Association of Realtors found that finding the right home for them is the biggest challenge in today’s market. This is due to the low inventory today of homes for sale.
You may have seen this if you are looking to purchase a home. There is good news. Recent data suggests that more sellers are listing houses this season. This may increase your home search options.
This year, more sellers are listing their homes for purchase each month. According to realtor.com this trend is expected to continue. Their research shows that the majority of potential sellers intend to list their home within the next six-months.
As we move into spring and summer, there may be a noticeable increase in homes on the market. Nearly 10% of homeowners who plan to sell their homes this year have already put their property on the market.
It can be difficult to navigate a low-inventory marketplace as a buyer. However, there are some things you can do. If you have had difficulty finding the right home for your needs, the increasing number of listings and expectation that more sellers will list it in the future is good news. These new listings are moving fast. This means that you need to keep your feet on the gas, and be ready act if you see a home that you love.
Your agent can keep you up to date with the latest listings in your local area, so you can find the right home for you. Also, your strongest offer can be submitted as soon as possible.
You can keep searching if you are having trouble finding the perfect home for you. There are many options available and your dream home might be one of them. You can partner with a professional real estate agent to keep up-to-date on all the listings in your area so that you are ready to act quickly when you find the right one.