Friday, January 18, 2019 / by June Quilantang
When it comes to selling, one of the biggest thing we have to consider is competition as strict competition almost always ensures sellers get less than their intended price. Here's a graph on the number of listing by month.
In a recent interview discussing the housing market, First American's Chief Economist Mark Fleming put it simply:
"The biggest challenge is really the availability of supply."
When we look at available inventory numbers released by the National Association of Realtors (NAR), we see that the actual number of homes for sale has decreased in each of the last five months.