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Housing Supply Is Rising. What Does That Mean for You

Real estate extensively depends upon the housing market; they typically rise and fall in sync. So therefore with rocketing housing supplies, real estate is also touching skies so gear up and decide what to do next. <br>

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Housing Supply Is Rising. What Does That Mean for You

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  1. www.paulsinghrealtor.com Housing Supply Is Rising. What Does That Mean for You ?

  2. An important factor in today’s market is the number of homes for sale. As the inventory levels are continuously on historic lows, there are indications that we will experience a new lowest very soon. Although inventory has hit the bottom but still the unsold inventory in May was at 2.5 months supply from 2.4. Although the increase in homes for sale is slow, the surge has been pretty constant. And this increase has further left many buyers and sellers wondering the same thing.

  3. Buyers Being a buyer, increasing inventory is always welcomed. Increased supply would often result in increased options while leaving space for less competition and fewer bidding wars. If we go by the latest Monthly Housing Market Trends Report, we can observe a significant and constant increase in the supply levels unlike typical summer market:

  4. Sellers If you want to put off the idea of selling your house then you should not wait much. In the year 2021, the month over month increment in the home sales have helped many buyers but still the seller’s are sailing in stronger boats. The best time to sell your house is now, selling your house this summer would let you maximize your sales potential before other homes from your neighborhood come into the market.

  5. Contact Details WEBSITE PHONE NUMBER EMAIL ADDRESS www.paulsinghrealtor.com @paulsinghrealtor.com 559-905-5228

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