Taking advantage of this Sellers Market in Housing and Thinking of selling your house.
It’s still a housing seller’s market. Acting strategically in this housing market is the best place for you. Low inventory, even in June 2022, and high buyer demand. Even with the high-interest rates, the seller is in control, it’s still a seller’s market. And if it’s a seller’s market, you will get a better price when you sell your home.
It has been low and what the experts are saying and from what we are seeing from the grounds, inventory is still going to remain low. There’s plenty of demand. There are not enough builders building homes out there. Buyers are tired of paying high-interest rates. So they want to buy a house. There’s money out there and buyers have money. They’ve made money in stocks, and there’s a lot of equity money, and there’s a lot of inheritance money. People are making money in business. So there’s money out there. There’s demand out there. So as a seller, this may be the best time and most competitive time to take advantage of the high prices and the terms and conditions that you want. So let’s discuss further, just to give you an idea, in Anaheim Hills, as of today, June 9, 2022, there are only 77 homes for sale in the Multiple Listing Service, of which I’m a member. I did a video about a year ago. At that time, I said inventory was very low. It was only 33 homes for sale in Anaheim Hills.
Inventory has gone up from a year and a half ago, but in normal times, there are 150 homes for sale. Right now, there are only 77 homes for sale, and 55 homes are in escrow as of today, which means it’s a seller’s market. Wow. What is your strategy and plan to take advantage of this high-demand market? Low inventory market.