At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you TWO key opportunities in today's housing market.

An article from Calculated Risk helps put the 2022 inventory gains into perspective by comparing it to recent years. It shows supply has surpassed 2021 levels by 58%. But if you go back to 2019, the last normal year in real estate, we have roughly 35% the housing supply we had at that time.

Opportunity #1: Take Advantage of More Options for Your Move.
If your current house no longer meets your needs or lacks the space and features you want, this inventory growth gives you even more opportunity to sell and move into your dream home. With more houses on the market, you'll have more to choose from when you search for your next home.

Opportunity #2: Sell While Inventory Is Still Low Overall
Despite the growth, inventory is still low compared to more normal years. For sellers, that means your house should still be in demand among potential buyers if you price it right.
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Today's homebuyers generally have more homes to consider than last year's shoppers did, but the market is still not back to pre-pandemic inventory levels.
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Bottom Line
If you're a homeowner looking to sell, you have more homes to choose from and can still sell your house while inventory is low overall. Let's connect to get started, so you can have the best of both worlds. 🌎🌍