Inman news reports the national home inventory has hit a record low. September’s inventory dropped to a 2.7-month supply, according to data released Thursday by the National Association of Realtors.
Tampa Bay is following the National trend and we are seeing a seller’s market with a high buyer demand. We typically see a slow down in home sales towards the end of the year , but this year we are not seeing a slow down at all.
The bottom line is if you are on the fence about selling , now is an excellent time. You have a lot of factors working in your favor. Low interest rates, low inventory and high demand.
If you are in the market to buy , get pre-approved by a lender, be patient and hire a good realtor . You will need to have a professional full-time realtor watching the market for you 24/7 and hiring a strong negotiator will give you and extra edge.
Check out the complete article from Inman News-