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For-sale home supply grows faster than ever

Source: Realtor.com

Potential homeowners across the country saw some relief this month as the number of homes available for sale climbed at its fastest yearly pace of all time, according to the June Realtor.com® Monthly Housing Trends Report. Among key factors driving June’s jump in active listings were new sellers, who entered the market at a higher rate than in 2017-2019 prior to the pandemic.

Realtor.com economists say the typical buyer has yet to see meaningful relief from quickly selling homes and record-high asking prices, despite more housing inventory. However, inventory gains by square footage shows potential opportunities for move-up buyers, as newly listed homes skewed larger and may be an opportune time for sellers looking to upgrade from their starter homes.

 

About Community Real Estate

Community Real Estate is a Real Estate Brokerage committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Probate sales, Vacant Land sales, Manufacture Homes/Mobile Homes sales, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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714-835-7126

714-835-7126

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CA Department of Real Estate Lic.# 01960213
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