{"id":1710,"date":"2021-05-13T14:05:33","date_gmt":"2021-05-13T14:05:33","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=1710"},"modified":"2021-05-13T14:05:33","modified_gmt":"2021-05-13T14:05:33","slug":"house-oasis-inventory-desert","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/house-oasis-inventory-desert\/","title":{"rendered":"Your House Could Be the Oasis in an Inventory Desert"},"content":{"rendered":"
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Your House Could Be the Oasis in an Inventory Desert<\/p><\/div>\n

Homebuyers are flooding the housing market right now to take advantage of record-low\u00a0mortgage rates<\/a>. Many have a sense of urgency to find a home soon since experts\u00a0forecast<\/a>\u00a0a steady rise in both rates and home prices this year and next. As a result, buyer demand greatly outweighs the current housing supply. Here\u2019s how the shortage of houses for sale sets yours up to be the\u00a0oasis<\/a>\u00a0in an inventory desert.<\/p>\n

According to the\u00a0National Association of Realtors<\/em>\u00a0(NAR), today\u2019s housing inventory sits at an incredibly low\u00a02.1-month<\/a>\u00a0supply, far below the\u00a06-month<\/a>\u00a0mark for a neutral market. Inventory of single-family homes a year ago was already very low, and as you can see in the graph below, this year\u2019s levels are even lower:<\/p>\n

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Inventory Levels: Single-Family Homes<\/p><\/div>\n

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Due to these market conditions, today\u2019s buyers frequently enter fierce bidding wars while trying to purchase a home. This in turn drives up home prices and gives sellers incredible\u00a0leverage<\/a>\u00a0in the negotiation process, two\u00a0big wins<\/a>\u00a0if you\u2019re going to sell your house this year.<\/p>\n

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

In such a hot market, it can feel as though the supply of homes has virtually dried up, leaving buyers to wander in an inventory desert. That\u2019s why there\u2019s never been a better time to sell. To a parched buyer needing to secure a home as soon as possible, your house could be a true oasis.<\/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>
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\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.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

Here\u2019s how the shortage of houses for sale sets yours up to be the\u00a0oasis\u00a0in an inventory desert. Finish Reading Your House Could Be the Oasis in an Inventory Desert<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[220,38,10,18,27,9,66,49,42,40,252,280,63,20,12,48,13,28,54,47,89,19,39,6,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1710"}],"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=1710"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1710\/revisions"}],"predecessor-version":[{"id":1713,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1710\/revisions\/1713"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=1710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=1710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=1710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}