Even with rising home prices, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is compounded by a lack of inventory. 35% of homeowners have considered selling their home in the past year, and of that share, 64% are reluctant to sell because they are finding they can’t afford the home they really want. Read more here:
The average La Crescent home is selling in a month and a half. The absorption rate of 1.35% is crazy low.
Southland home sales hit a 9 year high in July (from 2006).
Inventory is increasing.
Cash transaction fell to 22%
If you are thinking of getting your home on the market, this may be a great time – call me and let’s chat!