Although the number of homes for sale varies depending on the local market, nationwide, inventory has increased by over 36% compared to last year. However, it’s still nearly 29% below the typical levels. So, what does this mean for you as a buyer? You’ll have a broader range of options to choose from, greater leverage in negotiations, a higher chance of getting sellers to make necessary repairs, and a more gradual rise in home prices. If you’d like to discuss how this growing inventory could impact your home search, let’s connect.
