In January, we saw the lowest number of homes for sale in the last 10 years.
What does this mean? Homeowners choosing to sell right now have an advantage in the market that they’ve never had before.
With the recent decline in mortgage rates, buyer demand continues to increase causing buyers to compete with each other over the few homes that are for sale. With such little supply, sellers are seeing their homes sell faster and for more money than they have in years.
If you’re considering making a move, I’d be happy to discuss the value of your home and how best to navigate the current market. Just reach out here on our site.