Have you heard the rumors about the softening housing market? Well, it is impossible to deny that buyer traffic has decreased. Currently, there are less buyers in the market than there were last month, and also during this time last year. Although there is a decreasing amount of buyer traffic, there is also a large inventory shortage in many regions of the country.
The biggest challenge in the housing market currently is the availability of supply. When looking at the inventory numbers over the last five months, the actual number of sales has decreased each month.
The best time to sell your home is when competition is low. Low competition ensures a better price and also less of a hassle during the selling process. If you are thinking about selling your home, the best time to list is right now! Meet with one of the PorchLight agents to list your home now.