How Low Inventory May Impact the Housing Market This Fall

Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.

Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but there just aren’t enough houses for sale to meet that growing need. If you’re considering selling your house, this is the perfect time to connect so we can talk about how you can benefit from the market trends in our local area.

2020 Housing Market, Buyers, Phoenix Real Estate, Real Estate Statistics, Recovery, SellersLyn TrayteSeptember 17, 2020First Time Buyers, Buyers Frenzy, Buyers, Low Inventory, Low Interest Rates, Phoenix Real Estate, homebuying, Sellers, Sellers Market