That same NAR data also shows today’s inventory of
single-family homes is trailing behind the level we saw last year (see graph
below):
Because of the ongoing supply challenges, buyers can feel
like they’re wandering across a vast, empty desert when searching for their
next home. That means your house could provide an oasis for buyers thirsty for
options – and it could increase the chances of buyers entering a bidding war
for your home.
The latest Realtors Confidence Index Survey from NAR shows
houses are receiving an average of 3.8 offers. A multiple-offer scenario lets
you select the best offer and gives you incredible leverage when you sell this
fall.
Bottom Line
Buyers today are looking for relief as they wander today’s
inventory desert. Listing your house this fall – before more options appear –
gives your house the best chance to be noticed by multiple buyers. Let’s
connect today so your house can stand out as the oasis it truly is.
Source: Real Estate with Keeping Current Matters
