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Sights, sounds and living at the Jersey Shore. From Mansions to sand castles, waterfront or waterviews, condos or town houses. This blog is created as an interactive resource for all your real estate needs and concerns and as a venue for sharing stories about the Jersey Shore and its towns, a place I love. Feel free to add your voice to this forum. I want you to be heard.
Wednesday, September 27, 2017
Fwd: Sea Bright, NJ 07760 added 267 new listing(s)
Monday, August 28, 2017
Fwd: Harvest Festival at Waypoint...Summer Sundays at Scarborough..Joe Amiel's Bay Pointe Inn...Joe is Cooking...Foodie Trivia...Upcoming Events...Entertainment
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Thursday, July 27, 2017
U.S. Housing Inventory Hits a New Low... List Your House TODAY!
Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home.
Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.
Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year and has now fallen for nine consecutive quarters.” There is now 20% less inventory than there was five years ago.
Here is a chart showing the decrease in inventory levels by category:
Bottom Line
Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2017, now may be the perfect time.
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