March 15, 2019 rummy

With the volume of sellers who held back from selling the entire winter, we can expect the inventory to climb up as more and more sellers join in and balance out the demand. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions. That hasn’t happened this year. Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in…