Found 2 blog entries tagged as low inventory.

Regardless of whether the real estate market favors sellers or buyers, sellers are always looking for an upper hand, leading many to list their homes for a higher price. While higher list prices potentially mean more money at closing, it can lead to many downfalls if the home doesn’t sell.

Let’s dive into 4 disastrous downfalls if you overprice your home.


Price Reductions

Due to low inventory and buyer demand, when a new listing hits the market, showings roll in immediately, as long as it's priced right. So, if you’re not getting a lot of showings, you can assume your home is overpriced, meaning you’ll want to reduce the list price. Price reductions leave buyers wondering what is wrong with the home that the price dropped, and if you keep…

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Although it might seem like we just got to the spring season, a new season will be here before we know it! The Austin Board of REALTORS® just released the latest market stats for April, and if these numbers continue to increase, summer might be the best season to sell your home this year.

Let’s dive into four reasons you should consider listing your home this summer.


4 Reasons You Should Sell Your Home This Summer, Shane White, Real Estate, Texas Real Estate

Low Inventory

The Austin Board of REALTORS® shows a 3.4-month supply of inventory for Williamson County. While this is a 0.8-month increase from last April, it’s still well below the 6-month inventory needed for a balanced real estate market.

Low inventory means there’s less competition for sellers, a higher possibility for multiple offers, and higher sales prices. 

High…

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