Realty Executives Arizona Territory

Krista Brayer

Krista Brayer

SFR,

Realty Executives Arizona Territory

Blog

Inventory Shortgage

(Published on - 7/23/2018 6:38:52 PM)

Finding sellers appears to be much more difficult than it used to be.  National Mortgage News says that only 11% of surveyed homeowners expressed any desire to sell.  Tight inventory means less days on the market.  

 

Why don't homeowners want to sell?  With  the newfound equity you would think they could buy a bigger, better home now.  Well, the bigger better homes have been getting more expensive as well.  Higher prices are not the only deterrent to selling.  Did you know that 50% of all homeowners have an interest rate of 3.75% or less?  As you can see, the average interest rate today is higher than 3.75%.

 

 

Information above provided by:

 Steven Van De Bueken, SunStreet Mortgage

;

Questions? Need Advice? Complete this form for more information.

Contact Information::










Copyright 2024 Realty Executives All Rights Reserved

SFR,

Krista Brayer

Contact
Disclaimer: Each office independently owned and operated. Please disregard this message if you are already under contract with another real estate professional.