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The #1 Reason To Sell Your House Today

Inventory Is at an All-Time Low

“The inventory of homes on the market remains woefully depleted, and in fact is currently at an all-time low.”

The #1 Reason To Sell Your House Today | MyKCM

“Seventy-nine percent of homes sold in January 2022 were on the market for less than a month.

Odeta Kushi, Deputy Chief Economist at First Americanexplains it like this:

“A higher velocity of sales (lower [Days on Market]) helps to explain a housing market characterized by both higher sales & lower inventory. Many resale transactions are happening so quickly that they ‘flow’ in & then out of the ‘stock’ between the fixed monthly measurement of inventory.”

What Does This Mean for Sellers?

In addition, Len Kiefer, Deputy Chief Economist at Freddie Macsays:

“Housing starts start off 2022 strong, just edging out 2021 for most in January since 2006.”

Bottom Line

#1 Agent in Leelanau & Grand Traverse County, 2018 • 2019 • 2020 • 2021

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