Logo

October 5, 2021

Patience is Key in a Competitive Market

According to realtor.com, the number of sellers listing their houses for sale is on the rise. Looking at the month-over-month change in housing inventory, the number of homes available for sale increased 5.7% in the latest report.

What does this mean for you?

This increase in homes available for sale is good news for buyers. If you’re ready to buy and you’re having trouble finding a home, take comfort in knowing that more options are already coming to the market. The key is sticking with your search, working with your agent, and trusting the process.

While there are more homes on the market today, NAR reports that inventory sits at a 2.6-months’ supply at the current sales pace. For there to be enough homes on the market to meet buyer demand, that number would be 6.0 months of inventory – which is significantly higher than where we are today.

Bottom Line

Even with the welcome rise in supply, it’s still a highly competitive market. Be ready to act immediately once you find the right home for you. Then, let’s work together so you can craft a strong offer based on today’s market conditions.

Why Rising Mortgage Rates Push Buyers off the Fence

Why Summer Is a Great Time To Buy a Vacation Home

Work With a Real Estate Professional if You Want the Best Advice

READY TO MOVE IN?

get started today

STAY UPDATED

sign up today

DOWNLOAD THE GUIDE

Fill out the form below to immediately download our exclusive Homebuyer’s Guide

CONTRACTORS

We’d love to work with you! Fill out the form below and we will be in touch shortly.

REALTORS

We would love to connect with you about our homes and co-op program for realtors. Please fill out the form below and one of our team members will be in touch shortly.

SCHEDULE A CONSULTATION

Ready to start building? Want to tour a model home?
Whatever you’re looking for, we’re here to walk you through the process!

Ready to start building?
Want to tour a model home?
Whatever you’re looking for, we’re here to walk you through the process!

REALTORS

We would love to connect with you about our homes and co-op program for realtors. Please fill out the form below and one of our team members will be in touch shortly.

LIMITED LOTS REMAINING—VILLAS AT DERBY RUN
This is your last chance to build your dream home in our premier, maintenance-free community.