Shortage of Homes on the Market... Thinking Outside the Box to Get the Market Moving!

Shortage of Homes on the Market... Thinking outside the box to solve it!

The number of homes on the Market is at a LOW!!! To date, 2016 has given us an average of a 2.1 month supply of homes on the market. In my 11 years of Real Estate, I have never seen numbers this low! EVER! Buyers are frustrated and feel like they are 'stuck'... 

Why is there a shortage of homes for sale??? Why are the number of homes on the market at all time lows???  What are some possible reasons sellers are staying p...

Get the Skinny on Real Estate Trends in Your Area! January 2016

The Minneapolis Area Association of Realtors has released the December 2015 statistics. The link below is predicting a 'balanced market' in 2016. I'm not sure how... Maybe the predicted interest rate increases will slow things down a bit, but with inventory levels this low. It will take a lot of houses to balance this market. 

December #'s

Closed Sales up 12.1%

Pending Sales up 12.3%

Number of Homes for Sale down 21.8% leaving...
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Rachel Fredrickson
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