Housing Inventory Hits New Low

by HOLLY HURD

U.S. Housing Inventory Hits a New Low…

List Your House TODAY!

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:

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.

Holly Hurd~
Is a REALTOR with Berkshire Hathaway Home Services
Northville, Michigan 48167
#1 Firm in MICHIGAN
hollyhurd@hotmail.com
Sell / Buy a home in Northville,Michigan register today at:
www.Northvillehomes4sale.net
Holly Hurd ~
Living in the Northville, Michigan area for 40+ years , Holly Hurd is 
graduate of Northville High School, Schoolcraft College, Michigan State 
then raising her own family here Holly Hurd has first hand
 knowledge and knows the area quite well.

Please feel free to contact her for all your real estate needs
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