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WHY are there not more homes For Sale this Spring

By
Real Estate Broker/Owner with Godzyk Real Estate Services NH License 033394

It is Spring - Where are all the houses For Sale? Typically Spring brings the spring market. Here in the Manchester NH area, winter held on much longer than what is considered normal. Warmer temperatures bring thought so of a new home in many. The end of school signals a time for families to move and be settled before the next school year begins.   

 

We see the return of snow birds. The thoughts of down sizing. The thoughts of young families needing a bigger home. So where are all the homes For Sale?

 

Leading market scholars will tell you the lack of homes for sale is leading to a slow down in the amount of sales. It is also leading to an increase in values. 

 

Many will say it is the lack of "what is really going on in the market" that is keeping sellers from selling. Most sellers need to know they have a house to go to before they list their home. It sets off a domino affect that starter homes are not listed because those owners can not find a bigger home. The amount of new construction of starter to mid homes is way down. There is a great amount of first time buyers looking for starter homes.  

 

 

WHAT IS THE SOLUTION? I am seeing great results when I sit down with potential Buyers and Sellers. In person to let them know how string the market is. That interest rates are the lowest they will be. The fear of them rising is getting more buyers active in the market now. That selling your home now gives you more freedom to find and buy your next home. That it is myth nothing is for sale. Many homes hit the market every day. Many of those homes sell quickly. Being ready to buy by being pre approved for a mortgage and having a plan to sell your home help get you your dream home.  

 

The MOST IMPORTANT message is to share with every consumer that my philosophy is simple, provide more personal and professional service to guide clients through each step of the buying or selling process. All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. Those that hire me, find a dedication like no other.

 

 

To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .

 

About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 32 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties. 

 

    

Comments (19)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Scott. I thought the answer in your area was "Scott" sold them over the winter having buyers believe the early bird gets the worm! Enjoy your day!

Apr 29, 2018 05:45 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Scott Godzyk we're seeing an increase in the number of listings here....it will happen in your area, too.... 

Apr 29, 2018 05:50 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Scott.... the thinventory issue continues here in the Charlotte area, as well (especially for "affordable" home for first-time buyers).

Apr 29, 2018 06:45 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

The lateness of Spring may be a factor and the worry of not being able to find a home of their choice due to "thinventory" is a concern for sure. 

Apr 29, 2018 07:00 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Inventory is still tight here to...seems to be a continuing trend

Apr 29, 2018 07:05 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

In some ways that is true with nearly all of my new listings selling in days Wayne Martin 

Apr 29, 2018 11:23 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I can not wait Barbara Todaro , i have buyers waiting for new homes to hit the market

Apr 29, 2018 11:23 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I was really hoping this spring would be the time of year we got a great deal of new listings to satisy the buyers who are ready to buy Nina Hollander 

Apr 29, 2018 11:24 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I certainly think that is a factor Carol Williams. Only 2 weeks ago it was snowing 

Apr 29, 2018 11:25 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I hope we see a change Kristin Johnston - REALTOR® , thanks for the comment

Apr 29, 2018 11:25 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Me, too, Scott... but so far no go.

Apr 29, 2018 11:29 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

I guess it depends on the area of the country you are in.  The Sedona spring market starts in January. Sales are hot right now. August is a little slower and it picks up in fall. 

Apr 29, 2018 01:31 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

We are still quite short of good housing inventory here in Sacramento.  I don't really see any policies put in place that is going to reverse that soon.

Apr 29, 2018 03:54 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Good advice Scott to be prepared so that when the house gets listed, the buyer will be ready!

Apr 29, 2018 04:12 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Scott- that's why it's so important for sellers and buyers to work with a knowledgeable agent like yourself. 

Apr 29, 2018 04:54 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

So many parts of the country are short on inventory. I would like to see the market a little more balanced.

Apr 29, 2018 08:27 PM
James Dray
Fathom Realty - Bentonville, AR

Morning Scott.

You are right, the domino effect is in full blown mode.  Now, we are all waiting to see how this plays out

Apr 30, 2018 03:06 AM
Roy Kelley
Retired - Gaithersburg, MD

Prospective home buyers will be in very good hands when they use your professional real estate services.

Apr 30, 2018 04:05 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

For the last year and a half Oklahoma City has seen a 15% to 18% increase in the availabel properties for sale. It also has a faction of those as distressed. I guess this is a good place to be an agent right now.

Apr 30, 2018 06:34 AM