Thinking of selling? Inventory is low.
Thinking of selling your home? Housing inventory is extremely low and this is a problem in many markets throughout the country. In a typically healthy market any neighborhood would have about six months worth of inventory. What we are seeing in many neighborhoods is actually inventory that is as low as one or two months. What this means is that buys are not able to find homes to buy. This also means that when seller’s are listing their homes they are getting multiple offers and homes are selling over list price. That is in cases where the homes were listed in line with the high end of market values of the most comparable homes. If you start your list price higher it will stay on the market longer, how long…