• Skip to main navigation
  • Skip to content
  • Skip to footer

Albuquerque Real Estate | Venturi Realty GroupAlbuquerque Real Estate | Venturi Realty Group

Top Albuquerque Real Estate Agents | Venturi Realty Group

  • Search
    • Advanced MLS Search
    • Just Listed
    • Open Houses
    • Map Search
    • Foreclosures
    • New Construction
      • New Home Neighborhoods
    • Commercial Properties
    • Vacant Land Search
    • MLS Maps Search
    • Homes by Zip Code
  • Lifestyle
    • Luxury Homes
    • Condos, Lofts & Townhomes
    • Homes With a Swimming Pool
    • Green/High Perf Homes
    • Homes With A View
  • Communities
    • All Albuquerque
    • Far Northeast Heights Albuquerque
    • Near Northeast Heights Albuquerque
    • Westside / Northwest Albuquerque
    • North Valley Albuquerque & Los Ranchos
    • Downtown and UNM Areas Albuquerque
    • Southwest and South Valley Albuquerque
    • Southeast Areas Albuquerque
    • Rio Rancho, NM
    • East Mountain Areas
    • Valencia County Areas
    • Corrales, NM
    • Placitas, NM
    • Bernalillo, NM
    • Santa Fe, NM
    • Communities Map
  • Buyers
    • Things to Consider When Buying a Home (Winter 2021)
    • Home Buyer Wish List
    • VIDEO – Steps to Buying a Home
    • VIDEO – Home Financing Options
    • Free Relocation Guide
    • Mortgage Calculators
    • Emailed Listing Alerts
  • Sellers
    • Things to Consider When Selling Your House (Winter 2021)
    • Sellers Guide – Fall 2020
    • Home Selling Consultation
    • Video – Preparing Your Home for Sale
    • Home Seller Videos
    • Path to Sold
  • About
    • Blog
    • About Us
    • Meet the Team
    • Real Estate Talk Radio and Podcast
    • Featured Homes
    • Testimonials
    • Experience
  • Market
    • Latest Market Data
    • Real-Time Market Conditions
    • 10-Year Market Trends
    • Current Market Profile by Zip Code
    • Inventory Tracking Project
    • Luxury Market Tracking Project
  • 505-448-8888
  • Email

Three Ways Low Inventory Is a Win for Sellers

Three Ways Low Inventory Is a Win for Sellers | Simplifying The Market

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR):

“There is no shortage of hopeful, potential buyers, but inventory is historically low.”

When the demand for homes is higher than what’s available for sale, it’s a great time for homeowners to sell their house. Here are three ways low inventory can help you win if you’re ready to make a move this fall.

1. Higher Prices

With so many more buyers in the market than homes available for sale, homebuyers are frequently entering into bidding wars for the houses they want to purchase. This buyer competition drives home prices up. As a seller, this can definitely work to your advantage, potentially netting you more for your house when you close the deal.

2. Greater Return on Your Investment

Rising prices mean homes are also gaining value, which drives an increase in the equity you have in your home. In the latest Homeowner Equity Insights Report, CoreLogic explains:

“In the second quarter of 2020, the average homeowner gained approximately $9,800 in equity.”

This year-over-year growth in equity gives you the ability to put that money toward a down payment on your next home or to keep it as extra savings.

3. Better Terms

When we’re in a sellers’ market like we are today, you’re in the driver’s seat if you sell your house. You have the power to sell on your terms, and buyers are more likely to work with you if it means they can finally move into their dream home.

So, is low housing inventory a big deal?

Yes, especially if you want to sell your house at the perfect time. Today’s market gives sellers immense negotiating power. However, it won’t last forever, especially as more sellers return to the housing market next year. If you’re considering selling your house, the best time to do so is now.

Bottom Line

If you’re interested in taking advantage of the current sellers’ market, let’s connect today to determine your best move in our local market.

Posted in: For Sellers, Housing Market Updates, Pricing

Post navigation

« Buyer Interest Is Growing among Younger Generations
Should I Renovate My House Before I Sell It? [INFOGRAPHIC] »

Albuquerque Area Zip Codes We Serve

  • 87001 Algodones
  • 87002 Belen
  • 87004 Bernalillo
  • 87008 Cedar Crest
  • 87015 Edgewood
  • 87016 Estancia
  • 87031 Los Lunas
  • 87035 Moriarty
  • 87042 Peralta
  • 87047 Sandia Park
  • 87048 Corrales
  • 87059 Tijeras
  • 87068 Bosque Farms
  • 87102 Albuquerque
  • 87104 Albuquerque
  • 87105 Albuquerque
  • 87106 Albuquerque
  • 87107 Albuquerque
  • 87108 Albuquerque
  • 87109 Albuquerque
  • 87110 Albuquerque
  • 87111 Albuquerque
  • 87112 Albuquerque
  • 87113 Albuquerque
  • 87114 Albuquerque
  • 87120 Albuquerque
  • 87121 Albuquerque
  • 87122 Albuquerque
  • 87123 Albuquerque
  • 87124 Rio Rancho
  • 87144 Rio Rancho
  • Albuquerque Area MLS Map and MLS Areas List
  • Albuquerque Real Estate
  • Top Albuquerque Area Realtors

    Venturi Realty Group - Keller Williams Realty

    1119 Alameda Blvd NW Albuquerque, NM 87114

    (505) 448 8888
    info@welcomehomeabq.com

    KW Main Office Location

    6703 Academy Blvd NE Albuquerque NM, 87109

    © 2021 Venturi Realty, Inc.

    Terms of Services | Privacy Policy | Sitemap

    Responsive Real Estate Websites by HoopJumper