The success of the U.S. real estate market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market against the number of houses that are available to buy. With early 2020 housing data now
rolling in, it’s quite clear there are two big stories impacting this year’s residential real estate market:
1. Buyer demand is already extremely strong
2. Housing supply is at a historically low level
Since there’s a historic shortage of homes for sale, putting your home on the market today could show an excellent price and give you additional negotiating leverage when selling your house. Reach out to a local real estate agent to determine if listing
your house now is your best move.