Jeran Roberson

🏡 The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a little over 1-month supply at the current sales pace.

🏡 Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers (See graph below):

🏡 As this happens, home prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. If you put your house on the market while so few homes are available to buy, it will likely get a lot of attention from hopeful buyers.

🏘 If you’re looking to buy, sell, or lease in DFW. Give me a call at 901-219-0576.

We are deep into a seller’s market right now. Many wonder how long can the real estate market last in this low inventory environment. I don’t have a crystal ball to predict the future but what I can tell you is that this market is different from last time.

Click on the link below and check out the graphs.

6 Simple Graphs Proving This Is Nothing Like Last Time | Keeping Current Matters Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic.

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