09/06/2023
According to experts, we're still in a sellers market! ๐
"The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Housing inventory is measured by the number of available homes on the market. Itโs also measured by monthsโ supply, meaning the number of months it would take to sell all those available homes based on current demand. In a balanced market, thereโs usually about a six-month supply. Today, we have only about 3 monthsโ supply of homes at the current sales pace." - Keeping Current Matters
How has this market affected your business?