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2018-02-02 11:14:42
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 ped 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 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 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.

 

 

 

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For more information on San Diego CA Real Estate contact Robert K. Whalen

For Maps, Street View, Tour, Dozens of Home Facts on thousands of San Diego homes please visit  

Robert K. Whalen

Berkshire Hathaway HomeServices California Properties  

516 5th Avenue

San Diego, CA 92101

Cell 619.985.2225

Cal BRE #01435859

 
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2018-02-03 16:54:46
February 2018 Events for San Diego, CA

2018-02-02 11:14:42
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2018-02-01 10:00:52
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2018-01-24 12:45:58
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December 2017 Events for San Diego, CA

2017-11-11 14:09:15
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2017-10-30 11:12:15
Renting or Buying…Either Way, You're Paying Someone's Mortgage

2017-10-27 12:16:54
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