Tuesday, January 08, 2019 / by Megan Ochoa Davis
The housing inventory truly spiked in the back half of 2018 (over 100% higher!). Potential sellers may be wondering then, "should I wait until inventory falls back down to list my house?"
The answer is no. The majority of the existing housing inventory is not newly listed properties. It's homes that listed in September/October/November that have gone stale (and probably need pricing corrections). Homes listing today, at fair market prices, are still selling quickly. Since inventory usually rises in the Spring, we'd advise that listing sooner, with a fair price is a way to stand out among the other houses in your neighborhood. Staying ahead of the market is always the best bet!