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U.S. Housing Inventory Hits a New Low… List Your House TODAY!

U.S. Housing Inventory Hits a New Low… List Your House TODAY! | Simplifying The Market

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:

U.S. Housing Inventory Hits a New Low… List Your House TODAY! | Simplifying The Market

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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Susan Deierling Team

Sedona AZ Real Estate BrokerSusan Deierling, CRS, ABR
Assoc. Broker
Sedona AZ
(928) 301-4949 mobile/text/VM
susan@susanandtroy.com

Sedona AZ Real Estate BrokerTroy Deierling, CRS, ABR
Realtor
Sedona AZ
(928) 202-0700 mobile/text/VM troy@susanandtroy.com

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Recent News!

  • Owning a Home Is Still More Affordable Than Renting One
    January 20, 2021
    If spending more time at home over the past year is making you really think hard about buying a […]
  • Should I Wait for Lower Mortgage Interest Rates?
    January 19, 2021
    Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates […]
  • How to Make the Dream of Homeownership a Reality This Year
    January 18, 2021
    In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” […]
  • Things to Avoid after Applying for a Mortgage [INFOGRAPHIC]
    January 15, 2021
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  • Why Right Now May Be the Time to Sell Your House
    January 14, 2021
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Sedona Real Estate News

  • Owning a Home Is Still More Affordable Than Renting One
    January 20, 2021
    If spending more time at home over the past year is making you really […]
  • Should I Wait for Lower Mortgage Interest Rates?
    January 19, 2021
    Historically low mortgage rates are a big motivator for homebuyers right […]
  • How to Make the Dream of Homeownership a Reality This Year
    January 18, 2021
    In 1963, Martin Luther King, Jr. inspired a powerful movement with his […]
  • Things to Avoid after Applying for a Mortgage [INFOGRAPHIC]
    January 15, 2021
    Some Highlights There are a few key things to make sure you avoid after […]
  • Why Right Now May Be the Time to Sell Your House
    January 14, 2021
    The housing market made an incredible recovery in 2020 and is now […]

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160 Roca Roja Rd $139,000

160 Roca Roja Rd Sedona, Arizona

Beds 0 Baths Sq Ft 0.200 Acres

Troy & Susan Deierling
RE/MAX Sedona
1165 W AZ-89A, Sedona, AZ
(928) 301-4949 Susan
(928) 202-0700 Troy

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