Inventory Levels are still below the 6.0 month level necessary for a normal market
Home Prices have experienced year-over-year gains for 38 straight months
Home sold faster than any time since June 2013, in just 39 days
If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.