U.S. Housing Inventory Crunch Continues... List Your House Today!

U.S. Housing Inventory Crunch Continues… List Your House Today! | MyKCM

Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.

Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!

At the same time, however, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “in Q4 2017, U.S. home inventory decreased by 10.5%. That is the biggest drop we’ve seen since Q2 2013.”

Here is a chart showing the decrease in inventory levels by category:

U.S. Housing Inventory Crunch Continues… List Your House Today! | MyKCM

The largest drop in inventory was in the starter home category which saw a 19% dip in listings.

Bottom Line

Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2018, now may be the perfect time.

Contact us for experienced representation when buying or selling a home in Amador County CA.

Post a Comment

From Our Blog

Posts By Category

All Categories Amador County (19) Buying A Home (329) Custom Log Homes (1) Landscape/Curbside Appeal (1) Selling Your Home (97)

Posts By Month

Grab Our RSS Feed
Current Homes for Sale
Upcountry
City # Price Range
Pine Grove 15 $270k - $1.2m
Pioneer 42 $240k - $849k
Volcano 9 $199k - $1.1m
Down Country
City # Price Range
Amador City 2 $785k - $965k
Drytown 3 $499k - $2.1m
Fiddletown 8 $419k - $1.6m
Ione 23 $255k - $2.7m
Jackson 23 $220k - $1.0m
Plymouth 5 $800k - $6.4m
River Pines 2 $249k - $269k
Sutter Creek 18 $300k - $3.8m
New Listing

Email Alerts

Subscribe Today!
Have

Questions?

Contact Us Now!