Listed Simply Blog

LIsted-Simply-with-Background-Circle-Logo

800-995-5879

support@listedsimply.com

8am to 8pm PST M-F

10am to 3pm PST Sat | Closed Sunday

Table of Contents

U.S. Housing Inventory Hits a New Low… List Your House TODAY!

U.S. Housing Inventory Hits a New Low… List Your House TODAY! | Simplifying The Market

Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home.

Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year and has now fallen for nine consecutive quarters.” There is now 20% less inventory than there was five years ago.

Here is a chart showing the decrease in inventory levels by category:

U.S. Housing Inventory Hits a New Low… List Your House TODAY! | Simplifying The Market

Bottom Line

Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2017, now may be the perfect time.

Powered by WPeMatico

  • About Listed Simply

    Listed Simply has been helping homeowners sell their homes for a flat fee since 2013. From do it your self options to full agent support, we're here to help you save during the sale of your home.

  • Want To Sell, But Don’t Know Where To Start? Download Our Free Book

    No talking to anyone, just get the book...

  • Sell Your Home For a Flat Fee, No Commissions, No Hidden Fees.

  • List On The MLS For Only $149.

  • Recent Posts