List your house without delay in current housing market

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List your house without delay in current housing market
Even though Covid19 pandemic has affected many industries due to the hit economy has taken, real estate is not one of them. Housing market has not only shown immunity to it but also has started surpassing the levels prior to the pandemic. If we compare the figures of buyer showings last year to the present times, there is a 61.9% increase as announced by ShowingTime (it’s the leading showing management website for real estate industry). Contrary to the norm of the industry, this year the real estate activities have reached the high point instead of slowing in the late summer months of July, August and September. Now there is a challenge of lack of enough homes for sale to meet the buyers’ demand. Since March, the number of homes listed for sale are almost as less as 400,000 when compared to last year’s stats. This has left a big gap in the United States housing inventory. There is a dramatic dip in the inventory of homes for sale currently. Despite of the increased construction by the home builders the demand is too high to be kept up with. All these factors boil down to one thing for sellers. They must not wait to put their homes for sale in the market. They are in a strong position to negotiate the best deals due to limited supply and high demand. When the pandemic would be over, many more properties would be listed for sale. Instead of waiting and letting the competition grow, they should prepare to sell now. At this optimal time to sell your property, list your property by approaching a local estate professional.

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