Buyer Demand Continues to Outpace the Supply of Homes For Sale

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:

“While feedback from REALTORS® continues to suggest healthy levels of buyer interest, available listings that are move-in ready and in affordable price ranges remain hard to come by for many would-be buyers.”

How does this relate to our local market, you ask?  Good question!
The chart below shows the Shasta County available real estate supply in months for 2015:
Typically anything less than a six-month supply is considered a Sellers Market.

If you’re curious about meeting with a local real estate professional who can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing and able to buy now…give me a call.

Your local Realtor,