{"id":3244,"date":"2020-10-29T05:00:49","date_gmt":"2020-10-29T10:00:49","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/three-ways-low-inventory-is-a-win-for-sellers\/"},"modified":"2021-05-18T20:22:37","modified_gmt":"2021-05-19T01:22:37","slug":"three-ways-low-inventory-is-a-win-for-sellers","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/three-ways-low-inventory-is-a-win-for-sellers\/","title":{"rendered":"Three Ways Low Inventory Is a Win for Sellers"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/10\/28134933\/20201029-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Three Ways Low Inventory Is a Win for Sellers | Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>The number of houses for sale today is significantly lower than the <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/10\/28\/buyer-interest-is-growing-among-younger-generations\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">high buyer activity<\/a> in the current housing market. According to Lawrence Yun, <em>Chief Economist<\/em> for the <em>National Association of Realtors<\/em> (NAR):<span id=\"more-43267\"><\/span><\/p>\n<blockquote>\n<p><em>&#8220;There is no shortage of hopeful, potential buyers, but inventory is historically low.&#8221; <\/em><\/p>\n<\/blockquote>\n<p>When the demand for homes is higher than what\u2019s available for sale, it\u2019s a great time for homeowners to sell their house. Here are three ways low inventory can help you win if you\u2019re ready to make a move this fall.<\/p>\n<h4><strong>1. Higher Prices<\/strong><\/h4>\n<p>With so many more buyers in the market than homes available for sale, homebuyers are frequently entering into <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/08\/31\/three-ways-to-win-in-a-bidding-war\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">bidding wars<\/a> for the houses they want to purchase. This buyer competition drives home prices up. As a seller, this can definitely work to your advantage, potentially netting you more for your house when you close the deal.<\/p>\n<h4><strong>2. Greater Return on Your Investment<\/strong><\/h4>\n<p>Rising prices mean homes are also gaining value, which drives an increase in the equity you have in your home. In the latest <a href=\"https:\/\/www.corelogic.com\/insights-download\/homeowner-equity-report.aspx\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><em>Homeowner Equity Insights Report<\/em><\/a>, <em>CoreLogic<\/em> explains:<\/p>\n<blockquote>\n<p><em>\u201cIn the second quarter of 2020, the average homeowner gained approximately $9,800 in equity.\u201d <\/em><\/p>\n<\/blockquote>\n<p>This year-over-year growth in <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/10\/02\/rising-home-equity-can-power-your-next-move-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">equity<\/a> gives you the ability to put that money toward a down payment on your next home or to keep it as extra savings.<\/p>\n<h4><strong>3. Better Terms<\/strong><\/h4>\n<p>When we\u2019re in a <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/10\/14\/the-1-reason-not-to-wait-to-list-your-house-for-sale\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">sellers\u2019 market<\/a> like we are today, you\u2019re in the driver\u2019s seat if you sell your house. You have the power to sell on your terms, and buyers are more likely to work with you if it means they can finally move into their dream home.<\/p>\n<h4><strong>So, is low housing inventory a big deal?<\/strong><\/h4>\n<p>Yes, especially if you want to sell your house at the perfect time. Today\u2019s market gives sellers immense negotiating power. However, it <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/10\/23\/selling-your-house-is-the-right-move-right-now-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">won\u2019t last<\/a> forever, especially as more sellers return to the housing market next year. If you\u2019re considering selling your house, the best time to do so is <strong>now<\/strong>.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you\u2019re interested in taking advantage of the current sellers\u2019 market, let\u2019s connect today to determine your best move in our local market.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): &#8220;There is no shortage of hopeful, potential buyers, but inventory is historically low.&#8221; When the demand for homes is higher than what\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3245,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-3244","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Three Ways Low Inventory Is a Win for Sellers&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/three-ways-low-inventory-is-a-win-for-sellers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Three Ways Low Inventory Is a Win for Sellers&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): &#8220;There is no shortage of hopeful, potential buyers, but inventory is historically low.&#8221; When the demand for homes is higher than what\u2019s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nwiloanguy.com\/blog\/three-ways-low-inventory-is-a-win-for-sellers\/\" \/>\n<meta property=\"og:site_name\" content=\"NWI Loan Guy Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-29T10:00:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-19T01:22:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2020\/10\/20201029-KCM-Share-549x300-1.jpg?fit=549%2C300&ssl=1\" \/>\n\t<meta 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