Thursday, August 4, 2022 / by Laura Larson
Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains why the shifting market creates a window of opportunity for you: “This is an opportunity for people with a secure job to jump into the market when other people are a little hesitant because of a possible recession...They’ll have fewer buyers to compete with.”
Two Reasons There Are More Homes for Sale
The second reason the market is seeing more homes available for sale is that the number of people selling their homes is also rising.
The number of homes for sale across the country is growing, and that means more options for those thinking about buying a home. This is the opportunity many have been waiting for who were outbid or outpriced last year. Call Laura today if you want to take advantage of the improved inventory of homes.