{"id":8195,"date":"2023-11-21T11:30:00","date_gmt":"2023-11-21T11:30:00","guid":{"rendered":"https:\/\/thezakariagroup.com\/are-there-actually-more-homes-for-sale-right-now\/"},"modified":"2023-11-21T11:30:00","modified_gmt":"2023-11-21T11:30:00","slug":"are-there-actually-more-homes-for-sale-right-now","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/are-there-actually-more-homes-for-sale-right-now\/","title":{"rendered":"Are There Actually More Homes for Sale Right Now?"},"content":{"rendered":"
\"Are<\/p>\n

If you\u2019re looking to make a move<\/a>, you want to be sure you have the latest information on the housing market. To help make that possible, here\u2019s an update on the supply of homes for sale today. Whether you\u2019re looking to buy<\/a> or sell, the number of homes available in your local market matters to you. Take a look below.\u00a0\u00a0<\/p>\n

What\u2019s the Truth About Today\u2019s Housing Inventory?<\/strong><\/h4>\n

While the story for the past few years has been how few homes are on the market, recent national data may leave you feeling a bit confused. That\u2019s because Realtor.com<\/em> shows<\/a> inventory is actually growing a bit month-over-month in many parts of the country (see the blue states in the map below<\/em>):<\/p>\n

<\/a><\/p>\n

<\/p>\n

As the map shows, nationally, housing supply increased just over 5% last month. <\/strong><\/p>\n

Does That Mean the Days of Limited Inventory Are Over?<\/strong><\/h4>\n

That might make you wonder: are the days of tight housing supply behind us? The short answer is no. Context is important. While you may see headlines saying inventory is up, data<\/a> also shows there are still significantly fewer homes for sale than there would usually be in a more normal market.<\/p>\n

The graph below compares the latest active listing counts (homes currently available for sale) with the most recent normal years in the housing market (2017-2019):<\/p>\n

<\/a><\/p>\n

<\/p>\n

As Lance Lambert, Founder, ResiClub Analytics<\/em>, explains<\/a>:<\/p>\n

\u201c<\/em>Housing market inventory is so far below pre-pandemic levels that October’s big jump is still just a drop in the bucket<\/em><\/strong>.\u201d<\/em><\/p><\/blockquote>\n

What does that mean for you? Remember, real estate is hyper-local. Partnering with a trusted real estate agent will help you gain a better understanding of the inventory situation in your specific market.<\/p>\n

If you\u2019re looking to buy<\/a>, you may have slightly more options than you did in recent months, but you still need to brace for low inventory. A great agent will be able to share their expertise and key strategies that have helped other buyers navigate today\u2019s ongoing low housing supply.<\/p>\n

And, if you\u2019re trying to sell<\/a>, rest assured you haven\u2019t missed your window of opportunity to potentially get multiple offers or see your house sell quickly. While inventory has ticked up some nationally, overall, it\u2019s still low and may be down even more in your area.\u00a0<\/p>\n

Bottom Line<\/h3>\n

If you\u2019re looking to buy or sell a home, connect with a local real estate agent so you can make sure you\u2019re up to date on all the latest trends that could impact your move, including today\u2019s housing supply.\u00a0<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

If you\u2019re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here\u2019s an update on the supply of homes for sale today. Whether you\u2019re looking to buy or sell, the number of homes available in your local market matters to […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[110,99,100,102,884],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nAre There Actually More Homes for Sale Right Now? - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/are-there-actually-more-homes-for-sale-right-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are There Actually More Homes for Sale Right Now? - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"If you\u2019re looking to make a move, you want to be sure you have the latest information on the housing market. 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