There Are More Homes Available Now than There Were This Spring

There Are More Homes Available Now than There Were This Spring

Are you looking to buy a house this year? The housing market is getting tighter and more competitive by the day, but don't worry because we have your back. Here are three tips for navigating through all of those tricky real estate decisions in order to find that perfect place!
-First off: know what type of home suits YOU best In today’s world where everyone seems geared towards their own lifestyle preference there isn't just one option when searching from apartments or houses - no matter how big or small they may be . So before going onto websites take some time deciding exactly which kind would suit YOUR needs most appropriately; whether it's something cozy around town with friendly neighbors closeby ,or perhaps instead prefer larger space plus plenty room.

The Number of Homes for Sale Usually Peaks in the Fall

In the residential real estate market, trends generally follow a predictable and seasonal pattern. Typically there is more homes available for sale (or active monthly listings) in fall than any other time of year but that could change this season as little feels normal these days with everything changing so quickly!

The number of homes on the market has steadily increased since spring this year, with a rise in active monthly listings. Realtor data shows that we're still seeing an increase each month - even slightly less than before though September numbers are up from August's gains.

After months of searching, buyers finally have more options than they did in the spring. That is definitely encouraging for people who may have paused their search earlier because they couldn't find a home before now! Chief economist at realtor.com, Danielle Hale says:
A few interesting points about today's market report are how much has changed since last month when only 6% more homes were on sale compared with this time last year - that means there was an estimated decline*of 2 million available properties nationwide according to recent data from First Time Home Buyerstrom Act statistics released by HUD ? Furthermore we also see another increase just one week later which shows healthy demand.

Put simply, this September buyers had more optionsthan they’ve had all year and while that’s typical of early fall, that’s not what happened in 2020. Still, it’s important to remember that while buyers may have an easier time this fall than they did in the spring, the market remains more competitive than it has been historically at this time of year.”

As Hale says, a fall peak in inventory is in line with typical seasonal trends. While it’s impossible to say for certain what the future holds for housing inventory, we do know both buyers and sellers have opportunities this season based on the latest data.

What Does That Mean for You?

We’ve got good news for you! Your search just became a lot easier. With so many homes to choose from, it can be hard knowing which one is right for you - but don't worry because we've compiled this list of some additional options that might pique your interest in certain areas or types of properties (or both). Thinkstock

The time has never been better than now when there are more listings available on the market at any given moment; yet buyers still face stiff competition between themselves as well as with other potential customers looking into buying their next property around town...

If you're considering selling your house, it's still early in the game. Growing inventory means that now is a great time to bring down some cash and negotiate with buyers - but competition among them can be fierce! The eager ones will likely act fast before this holiday season giving sellers like yourself all sorts of opportunities for quick sales (and higher bottom lines).

Bottom Line

Whether you’re buying or selling, there’s still a chance to make your goals a reality this season. Let’s connect so we can discuss what’s going on with the local market and current trends and what they mean for you.

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