The more I search the less inventory I see!

By
Real Estate Broker/Owner with WHISPERING PINES REALTY 20398180

With several new clients ready to go I am searching for acceptable properties in a wider area.  Why?

Because, the more I look the less there is.  What was there yesterday is now in Pending today.

Good news!  Right?   Yes in some ways, but I see a market that will be full of multiple offers and needing to be above the list price or you may as well stay home.

Those looking for a new home need to realize it may not happen as fast as you want.  Time to start your process is NOW!

Snow may be deep today, but once it melts down...everyone will be looking at the same houses you want to.

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Rainmaker
956,088
Bob Ratliff
Robert Ratliff Realty - San Antonio, TX
"Sold with Bob"

William, good news hearing your inventory is shrinking and sad you still have snow on the ground. The picture still looks frigid even with the sun shinning. Good luck finding more listing for your Buyers.

Mar 18, 2013 09:50 AM #1
Rainmaker
1,049,415
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

yes 2-3 prospective homes are what I am finding for folks as well, I educate them on being first and fast to get their dream home

Mar 18, 2013 10:01 AM #2
Rainmaker
853,065
Kevin Mackessy
Blue Olive Properties, LLC - Highlands Ranch, CO
Dedicated. Qualified. Local.

Have to stay on top of the MLS pretty much 5-6 times a day.  In our market when a new property pops up there are already 7-8 offers by the time you see it in the MLS.  

Mar 18, 2013 10:47 AM #3
Rainmaker
770,415
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

That's exactly what I'm hoping to see. It's been a rough few years.

Mar 18, 2013 01:04 PM #4
Rainmaker
4,798,519
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

William, are you sure you're not missing some homes buried in the snow?   :-)

Mar 18, 2013 09:15 PM #5
Rainmaker
841,158
Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

It looks like you got a lot of snow...

As soon as the snow will melt, people will start looking to buy their next home.

Mar 18, 2013 10:37 PM #6
Rainmaker
631,712
Vern Eaton
Askov, MN
Realtor 651-674-7449

Bill, even in my rural areas I have seen a decline in the amount of homes available.

Mar 20, 2013 04:15 AM #7
Rainmaker
320,050
Randi Brammer
Randi Brammer, Acctg. - Hinckley, MN
Accountant & Tax Preparer

I am seeing less For Sale signs and even less vacant homes.  With all this snow, it is easy to see what homes are vacant.

Mar 21, 2013 12:43 AM #8
Rainmaker
3,985,513
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

The inventory goes up a few houses one week and back down again the next.

Apr 18, 2013 08:12 AM #9
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Rainmaker
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William Feela

Realtor, Whispering Pines Realty 651-674-5999 No.
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