In recent talks with my realtor partners, I've heard the same story from many of them - not enough inventory!
So yes, housing inventory in December 2015 fell by almost 4% from the previous year, and homes are selling VERY quickly, often above asking price.
What this means for buyers, is that waiting may be costly. Obviously the sale price of the home will be will be more later in the year, but don't forget, the necessary cash to close increases as well.
We have great programs that may significantly decrease out of pocket costs and we LOVE helping folks into the home of their dreams!
Comments(26)