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Mary Carlton; GRI, SRS, ABR
Broker / Licensed in the State of Oregon Total Real Estate Group 2900 NW Clearwater Dr., Ste 320 Bend, OR 97703 541-668-1632  |  541-330-0589

21
Jul

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.

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Your Dedicated Agent

Mary Carlton; GRI, SRS, ABR

Broker / Licensed in the State of Oregon Mobile: 541-668-1632 Fax: 541-330-0589

Total Real Estate Group
2900 NW Clearwater Dr., Ste 320
Bend, OR97703

I´m Here To Help

If you are ready to start your buying or selling process
give me a call at 541-668-1632 - I´m happy to answer all your questions.

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