I would like to welcome you to my comprehensive Alaska real estate website. You'll find information on buying and selling in Anchorage, Wasilla, Eagle River, Palmer, Girdwood, and Chugiak.

How Could Your House Be an Oasis for Buyers Seeking More Options?

Dated: October 22 2021

Views: 27

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options | MyKCM

Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places today’s market firmly in the sellers’ market category.

That same NAR data also shows today’s inventory of single-family homes is trailing behind the level we saw last year (see graph below):Sellers: Your House Could Be an Oasis for Buyers Seeking More Options | MyKCMBecause of the ongoing supply challenges, buyers can feel like they’re wandering across a vast, empty desert when searching for their next home. That means your house could provide an oasis for buyers thirsty for options – and it could increase the chances of buyers entering a bidding war for your home.

The latest Realtors Confidence Index Survey from NAR shows houses are receiving an average of 3.8 offers. A multiple-offer scenario lets you select the best offer and gives you incredible leverage when you sell this fall.

Bottom Line

Buyers today are looking for relief as they wander today’s inventory desert. Listing your house this fall – before more options appear – gives your house the best chance to be noticed by multiple buyers. Let’s connect today so your house can stand out as the oasis it truly is.

 
ANCHORAGE HOMES FOR SALE
SEARCH ALL HOMES FOR SALE
GET PREQUALIFIED
WHAT IS YOUR HOME WORTH?
HOW MUCH HOME CAN YOU AFFORD
FREE GUIDE TO BUYING A HOME
FREE GUIDE TO SELLING YOUR HOME
VISIT MY BLOG
 
 
Yvette Belisle
eXp Realty LLC
Associate Broker/REALTOR®
907-868-2811
Office:
907-519-0095x108
Licensed In: Alaska
License #: 17864
Contact Me

You Can Also Visit Us At:  Facebook Twitter LinkedIn Youtube Instagram
 
Blog author image

Yvette Belisle

I am a lifelong resident of Alaska and have lived in the Anchorage area for over 26+ years. I grew up in the Anchorage bowl and have knowledge of many parts of the city which have added in aiding my c....

Latest Blog Posts

How Some Buyers Are Approaching Rising Mortgage Rates

How Smart Buyers Are Approaching Rising Mortgage RatesLast week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will

Read More

Ways Homeowners Can Use Their Equity

4 Ways Homeowners Can Use Their EquityYour equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past.

Read More

Home Sales Are About To Surge. We May See a Winter Like Never Before!

Home Sales About To Surge? We May See a Winter Like Never Before.Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November,

Read More

Selling Your Home? You’ll Likely Get Multiple Strong Offers This Season

Selling Your Home? You’ll Likely Get Multiple Strong Offers This SeasonAre you thinking about selling your house right now, but you’re not sure you’ll have the time to do

Read More