Inventory running low! Update on Active Homes
So here’s a nice Holiday Story for you, well, not so nice if you are my clients reading it.. In the last 2 years, I have been actively working with 2 very close friends to find their dream home. And when I say “Dream”, I only mean a nice step up to the home they sold two years ago. They are taking that amazing, beautiful step of expanding their family beyond the 2 of them and their 2 Boxer dogs (aka their kids). So our list of must have’s is pretty basic…
3+ bedrooms, 2+ bath and garage space. RV parking a plus but they have made due thus far without it so we can work with that one.
Enter my story.. one year ago if we placed offers on a home, we usually countered it until the deal fell apart. Typical in that changing market. Now, I wish that was the case. We viewed a Short Sale, price well, in Carson City. Viewed second day on the market, wrote offer on third day. We were rejected (over asking price offer mind you!) because they had accepted 3 other offers! Next house, placed bid on the website, rejected due to taking another offer. We offered full price.
Our inventory has dropped dramatically in the Valley. We also are seeing the homes in the $200-$300,000 range are so fast to get in escrow that we cant get an offer in quick enough!
All those signs lead me to believe, our market is finally changing… Here is an update on the inventory, all active homes in the select areas.
CALL ME if you want any info.. Prices are showing signs of stabilizing which will soon switch us back to a Sellers Market.. Call Text or E-mail anytime!
Jenny L Johnson REALTOR, ePro, CDPE
Direct (775) 691-4382