May 16, 2021 at 8:36am | Alice Siegel

Your House 
Could Be the Oasis 
in an Inventory Desert

Your House Could Be the Oasis in an Inventory Desert | MyKCM

Homebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon since experts forecast a steady rise in both rates and home prices this year and next. As a result, buyer demand greatly outweighs the current housing supply. Here’s how the shortage of houses for sale sets yours up to be the oasis in an inventory desert.

According to the National Association of Realtors (NAR), today’s housing inventory sits at an incredibly low 2.1-month supply, far below the 6-month mark for a neutral market. Inventory of single-family homes a year ago was already very low, and as you can see in the graph below, this year’s levels are even lower: Your House Could Be the Oasis in an Inventory Desert | MyKCM
Due to these market conditions, today’s buyers frequently enter fierce bidding wars while trying to purchase a home. This in turn drives up home prices and gives sellers incredible leverage in the negotiation process, two big wins if you’re going to sell your house this year.

Bottom Line

In such a hot market, it can feel as though the supply of homes has virtually dried up, leaving buyers to wander in an inventory desert. That’s why there’s never been a better time to sell. To a parched buyer needing to secure a home as soon as possible, your house could be a true oasis.

Check out our FREE Market Evaluation Report and find out your home is worth!  
 Let’s connect today to discuss the options that are best for you.  
Watermark Real Estate Group: 843-989-0065


The 🗝 key to selling your house is to price it just right. 
Thinking about selling but worried about the tenants, cleaning, hassle, timing or expense?
Call to get details about our 4 NEW Seller Programs
     1. Sell WITHOUT Showing!
     2. 40 Days to Contract or You're Free!
     3. Lots of Variable Commission Options
     4. Sell and Stay In Your Home, till you Find a New HOME!

Let's Connect Today!  📲
Radha Herring | 843-989-0065
rherring@watermarkagents.com
#ShopLocal #SellLocal
Buy with Confidence | Sell with Success

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