A normal market for home sale is
between five and six months. If we have homes on the market and they go under
agreement in this time period, we are looking at a pretty normal market! However,
if the period of time to sell inventory is seven to nine months as seen above in
the months of 2011, the sellers are fighting over those limited buyers out there
looking to buy and this drives the home values down! Looking at 2012 the inventory
significantly dropped just above normal and into the beginning of the current year
inventory dropped below the normal! This is good news for sellers…..less inventory
causes the buyers out there to compete for the homes available thus driving the
values of homes up! It is a great time to be thinking about selling!