{"id":1227,"date":"2020-10-29T23:56:57","date_gmt":"2020-10-29T23:56:57","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=1227"},"modified":"2020-10-29T23:56:57","modified_gmt":"2020-10-29T23:56:57","slug":"three-ways-low-inventory-win-sellers","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/three-ways-low-inventory-win-sellers\/","title":{"rendered":"Three Ways Low Inventory Is a Win for Sellers"},"content":{"rendered":"
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Three Ways Low Inventory Is a Win for Sellers<\/p><\/div>\n

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The number of houses for sale today is significantly lower than the\u00a0high buyer activity<\/a>\u00a0in the current housing market. According to Lawrence Yun,\u00a0Chief Economist<\/em>\u00a0for the\u00a0National Association of Realtors<\/em>\u00a0(NAR<\/a>):<\/p>\n

\u201cThere is no shortage of hopeful, potential buyers, but inventory is historically low.\u201d<\/em><\/p><\/blockquote>\n

When the demand for homes is higher than what\u2019s available for sale, it\u2019s a great time for homeowners to sell their house. Here are three ways low inventory can help you win if you\u2019re ready to make a move this fall.<\/p>\n

1. Higher Prices<\/strong><\/h4>\n

With so many more buyers in the market than homes available for sale, homebuyers are frequently entering into\u00a0bidding wars<\/a>\u00a0for the houses they want to purchase. This buyer competition drives home prices up. As a seller, this can definitely work to your advantage, potentially netting you more for your house when you close the deal.<\/p>\n

2. Greater Return on Your Investment<\/strong><\/h4>\n

Rising prices mean homes are also gaining value, which drives an increase in the equity you have in your home. In the latest\u00a0Homeowner Equity Insights Report<\/em><\/a>,\u00a0CoreLogic<\/em>\u00a0explains:<\/p>\n

\u201cIn the second quarter of 2020, the average homeowner gained approximately $9,800 in equity.\u201d<\/em><\/p><\/blockquote>\n

This year-over-year growth in\u00a0equity<\/a>\u00a0gives you the ability to put that money toward a down payment on your next home or to keep it as extra savings.<\/p>\n

3. Better Terms<\/strong><\/h4>\n

When we\u2019re in a\u00a0sellers\u2019 market<\/a>\u00a0like we are today, you\u2019re in the driver\u2019s seat if you sell your house. You have the power to sell on your terms, and buyers are more likely to work with you if it means they can finally move into their dream home.<\/p>\n

So, is low housing inventory a big deal?<\/strong><\/h4>\n

Yes, especially if you want to sell your house at the perfect time. Today\u2019s market gives sellers immense negotiating power. However, it\u00a0won\u2019t last<\/a>\u00a0forever, especially as more sellers return to the housing market next year. If you\u2019re considering selling your house, the best time to do so is\u00a0now<\/strong>.<\/p>\n

Bottom Line<\/strong><\/h3>\n

If you\u2019re interested in taking advantage of the current sellers\u2019 market, let\u2019s connect today to determine your best move in our local market.<\/p>\n<\/div>\n<\/div>\n<\/article>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
\nFacebook<\/a>
\nLinkedin<\/a>
\nTwitter<\/a>
\nInstagram<\/a><\/p>\n

THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE OF ADVICE.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

The number of houses for sale today is significantly lower than the\u00a0high buyer activity\u00a0in the current housing market. Finish Reading Three Ways Low Inventory Is a Win for Sellers<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[38,10,18,27,91,52,25,9,49,42,252,63,20,12,24,48,13,28,54,19],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1227"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=1227"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1227\/revisions"}],"predecessor-version":[{"id":1229,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1227\/revisions\/1229"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=1227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=1227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=1227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}